214-676-6424
1231 E Belt Line Rd, Richardson, TX for Sale
Medical - FOR SALE
1/5
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1231 E Belt Line Rd
Richardson, TX 75081


HIGHLIGHTS

  • 100% leased to Texas Health Resources under a long-term NNN lease structure
  • Positioned just west of E. Belt Line and N. Plano Road, offering robust visibility and traffic counts of over 30,000 VPD
  • Located within six miles of two major hospitals, ensuring strong medical demand in the surrounding trade area
  • Convenient access to US Highway 75, George Bush Turnpike, and Interstate 635, providing regional connectivity
  • Features a well-designed medical layout with multiple exam rooms and functional floor plans to support efficient healthcare operations
  • Financial information available upon request and signed confidentiality agreement

OVERVIEW

1231 E. Belt Line Road presents a compelling medical office investment opportunity in Richardson, Texas, offering stable in-place income backed by a high-quality healthcare tenant. The 9,200 SF medical office building is 100% leased to Texas Health Resources under a 7-year NNN lease, providing investors with durable cash flow, limited landlord expense exposure, and tenancy supported by one of North Texas’ most recognized healthcare systems. Positioned along the heavily traveled E. Belt Line Road corridor, the property benefits from strong visibility, convenient access to US-75, President George Bush Turnpike, and I-635, and proximity to major regional medical demand drivers including Medical City Hospital and Methodist Richardson Medical Center. The surrounding trade area features dense residential neighborhoods, significant daytime population, strong household incomes, and nearby retail and employment nodes that reinforce long-term healthcare demand. With an approximate NOI of $230,000, 39 parking spaces, and a functional medical layout, the subject property offers investors a stabilized medical office acquisition with strong tenant credit, essential-service use, and a strategic Richardson location within the broader Dallas-Fort Worth healthcare market.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Medical Office NNN Investment

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

-

APN/PARCEL ID

42014690000040000

ASK ABOUT THIS PROPERTY

David EnglishRidge Pointe Commercial Real EstateMore Info
214-676-6424

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David EnglishRidge Pointe Commercial Real EstateMore Info
214-676-6424

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