1406 W Randol Mill Rd - Medical FOR SALE


Arlington, TX 76012
$1,026,667 USD
818-484-1658
1406 W Randol Mill Rd, Arlington, TX for Sale
$1,026,667 USD
Medical - FOR SALE
1/3
null | 7.5% Cap Rate

1406 W Randol Mill Rd
Arlington, TX 76012


HIGHLIGHTS

  • Close Hospital Proximity – The facility sits right next to Texas Health Arlington Memorial Hospital, a 369-bed full-service acute-care medical center
  • Passive NNN Lease Structure – The tenant will sign a fresh ten-year NNN lease, providing a passive investment vehicle
  • Expansive Primary Care Market – This offering provides a compelling opportunity to secure stable, long-term income while gaining exposure
  • Affluent Surrounding Demographics – Arlington is a high-income area with average household incomes exceeding $93,000 within a three-mile radius
  • Inflation-Protected Cash Flow – The lease features 3% annual rent increases, offering investors built-in income growth
  • Largest MSA in Texas – The Dallas–Fort Worth metroplex is the largest metro in Texas and the fourth largest in the U.S.

OVERVIEW

Matthews Real Estate Investment Services’™ Healthcare Division is pleased to present a unique opportunity to acquire a primary healthcare clinic leased to 1st Choice Healthcare. Dr. Farley Brown has been operating out of this location since 1986, offering a unique blend of primary care and chiropractic services. For nearly 40 years, he’s been a staple in the community, focusing on injury care, pain management, physiotherapy, rehabilitation, and chiropractic treatment. The opportunity consists of a 100% fee simple interest in an approximately 3,500-square-foot building situated on a 0.41-acre parcel in Arlington. The property benefits from strong surrounding demographics, with an average household income of roughly $86,000 within a five-mile radius. Located within the Dallas–Fort Worth metroplex, the fourth-largest MSA in the country, the asset offers investors the chance to own real estate in one of the fastest-growing and most dynamic markets in the U.S. Upon close of escrow, the tenant will execute a new 10-year NNN lease featuring 3% annual rent increases, creating a compelling, inflation-protected investment opportunity for both local and out-of-state investors. With the U.S. primary care market exceeding $300 billion and continuing to grow, this offering provides a compelling opportunity to secure stable, long-term income while gaining exposure to one of the largest and most essential segments of healthcare real estate. Patrick Graham License # 9005919, 528005 (TX) Matthews Real Estate Investment Services, Inc 2699 Howell St., Suite 400, Dallas, TX 75204 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,026,667 USD

PRICE/SF

$293 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10 Y Medical SLB | NNN Lease | 7.50% Cap

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Drug Store, Freestanding, Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

-

APN/PARCEL ID

02329719

ASK ABOUT THIS PROPERTY

Andrew FagundoMatthews Real Estate Investment ServicesMore Info
818-484-1658

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Andrew FagundoMatthews Real Estate Investment ServicesMore Info
818-484-1658

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