817-528-0377
1210 N Kimball Ave, Southlake, TX for Sale
Medical - FOR SALE
1/10
null | 6% Cap Rate

1210 N Kimball Ave
Southlake, TX 76092
Grapevine


HIGHLIGHTS

  • Passive Single-Tenant NNN Structure – No landlord responsibilities, ideal for 1031 exchange or long-term hold investors
  • Stable Income Stream – Approx. 5 years of primary lease term remaining with renewal options available
  • Built-In Growth – 3% annual rent increases provide steady NOI growth and enhance exit value
  • Institutional-Grade Tenancy – Hospital-affiliated orthopedic surgery group provides strong medical covenant
  • Modern Construction – ±5,997 SF medical facility built in 2022 minimizes capital expenditures
  • Prime Southlake Location – Located in one of DFW's most desirable ±5,997 SF submarkets with strong demographics

OVERVIEW

1210 N. Kimball Avenue presents an attractive single-tenant medical investment opportunity in Southlake, one of the DFW area’s most desirable and affluent submarkets. The ±5,997 SF medical facility was constructed in 2022, offering modern construction and limited near-term capital expenditure requirements. The property features a passive single-tenant NNN lease structure, providing an investor with minimal landlord responsibilities and a streamlined ownership profile well suited for a long-term hold or 1031 exchange. Approximately five years remain on the primary lease term, with additional renewal options providing future occupancy potential. The tenancy is an institutional-quality, hospital-affiliated orthopedic surgery group, providing a strong medical covenant and established use within the property. Built-in 3% annual rent increases provide contractual income growth and the potential to enhance long-term value. Strategically located in Southlake with convenient access to State Highway 114 and surrounding professional and medical corridors, the property benefits from strong demographics, connectivity, and proximity to one of the region’s most established business and healthcare markets.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,976 SF

ZONING

Office

APN/PARCEL ID

42564989

ASK ABOUT THIS PROPERTY

Lon Lloyd, CCIMChampions DFW Commercial RealtyMore Info
817-528-0377

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Lon Lloyd, CCIMChampions DFW Commercial RealtyMore Info
817-528-0377

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.