115 Park Place Blvd - Office FOR SALE


Waxahachie, TX 75165
$2,800,000 USD
469-236-2131
115 Park Place Blvd, Waxahachie, TX for Sale
$2,800,000 USD
Office - FOR SALE
1/8
null | 7.5% Cap Rate

115 Park Place Blvd
Waxahachie, TX 75165


OVERVIEW

Professional office building with primarily medical tenants. Located on Park Place and HWY 287 in Park Place Professional Center. Surrounded by masterplanned communities and the Waxahachie Sports Complex. Easily accessible from 287 service road and surrounding neighborhoods. Fully occupied with NNN leases in place on all but 1,193sf. Strategically located within 2.5 miles to Baylor Scott and White with immediate access to HWY 287 on ramp and close proximity to restaurants with access to Brown St and North Grove reducing travel time on N 77. Waxahachie, Texas, is a vibrant and rapidly growing Dallas suburb that perfectly blends small town charm with modern suburban Appeal. Just 30-35 minutes south of downtown Dallas via I-35E with a current population exceeding 45,000 to 52,000 and steady annual growth of around 3-4%, making Waxahachie on of the fastest-expanding areas in the DFW Metroplex.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$246 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

commercial

APN/PARCEL ID

247586

ASK ABOUT THIS PROPERTY

469-236-2131

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469-236-2131

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