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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:$4,800,000 Price/SF:$216.02
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 5/1,000 SF Amenities:24 Hour Availability, Controlled Access, Signage

Sale Notes:
This Medical Center has six tenants 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), (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 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.

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

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