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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

Property Type:Office Sub Type:Medical Status:Existing Year Built:1995
Stories:2 Typical Floor:11,110 SF Building Size:22,220 SF
For Sale Price:$4,890,108 Price/SF:$220.08
Cap Rate:7.00 %
Parking:Free Surface spaces are available; Ratio of 5/1,000 SF Amenities:24 Hour Availability, Controlled Access, Signage

Sale Notes:
This fully leased medical center has seven tenants which include a medical/pain management practice, an MRI clinic, an X-ray clinic, a pharmacy, a medical counseling center, a dentist office (part of a huge dental chain), and a chiropractic/accident and injury rehabilitation office (part of a multi office chain). A very stable tenant ecosystem. Cap rate is actually higher. There is a New 10 year lease for Dental Practice, also a New 5 year Pharmacy lease and The chiropractor has increased his space 1500 sq ft. New financials available soon to reflect this.

Progressive rent escalations are built into the lease. Most of tenants are part of large group practices and financially very stable/profitable.

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.

Caprice Michelle, LLC
Caprice Michelle
(214) 789-7364

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