$3,700,000
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13,462 SqFt
SOLD DATE : 01/30/2020
Key Details
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 13,462 sqft
Price per Sqft $274
Subdivision Town East Mall
MLS Listing ID 14128380
Sold Date 01/30/20
Total Fin. Sqft 13462
Year Built 2004
Annual Tax Amount $64,031
Lot Size 0.718 Acres
Acres 0.718
Property Description
Fully leased, MEDICAL OFFICE BUILDING. Net leases with annual increases in base rent. Solid long term tenant base, including national and regional tenants. Long term leases in place. Please review attached offering memorandum for more detailed information. In place net operating income of $272,600 after expenses. Priced at at 7.4% CAP.
Location
State TX
County Dallas
Zoning O
Direction Directly facing I-635. By the Town Center Drive Exit. Between Salt Grass Steak House and Town East Mall on the east side of Hwy 635.
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Ceramic Tile
Heat Source Central, Electric
Exterior
Utilities Available City Sewer, City Water
Roof Type Tar/Gravel
Garage No
Building
Foundation Slab
Others
Ownership See agent
Financing Cash
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Bought with Joe Powell • Powell Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "