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2701 S Hampton Road, Dallas, TX
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2701 S Hampton Road
Dallas, TX 75224-2367 - Southwest Dallas Submarket
For Sale Price:
Free Surface spaces are available; Ratio of 5/1,000 SF
24 Hour Availability, Controlled Access, Signage
25% Owner Financing Offered! This fully leased medical center has nine tenants with 8-9 leases which include a Medical/Family Practice practice (multi office chain), a MRI clinic (multi office chain), a Pain Mgmt clinic (multi office chain), an X-ray clinic, a pharmacy (multi pharmacy chain), a medical counseling center (multi office chain), a dentist office (part of a huge dental chain), and a chiropractic/accident and injury rehabilitation office (multi office chain). The tenants have considerable synergies amongst each other, therefore creating a very stable tenant ecosystem.
Progressive rent escalations are built into the lease. Most of tenants are part of large group practices and financially very stable/profitable.
All leases are NNN. As is Cap rate is 7.00% with a potential increase it to 12.15% through rent escalations.
All Leases NNN.
6393 SF & 5591 SF- 10 yr Lease 2 (5yr renewals)
Pharmacy -3 yr Lease with 2-(5yr renewals)
MRI- 10 yr Lease
Financials to be updated.
Patient Acquisition-65% Private Insurance, 25% Medicare, 10% Cash.
This building is beautiful and located in a high traffic area in the up and coming Oak Cliff area. It has a convenient location close to I35 and Loop 12. Seller will finance with 25% down.
CLICK HERE TO CONTACT THE SALES BROKER
FOR SALE CONTACTS
Caprice Michelle, LLC
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