1750 N Hampton Rd - Medical FOR SALE


DeSoto, TX 75115
$5,830,000 USD
510-289-1166
1750 N Hampton Rd, DeSoto, TX for Sale
$5,830,000 USD
Medical - FOR SALE
1/4
null | 6.75% Cap Rate

1750 N Hampton Rd
DeSoto, TX 75115


HIGHLIGHTS

  • New 5-Year Lease Extension & Tenant Expansion in 2022: Showing tenant's commitment to the site
  • 3% Annual Rent Increases: Providing strong rent growth and a hedge against inflation
  • Established Tenant with 40+ Year Operating History & 3,000+ Team Members Nationwide: Methodist Diagnostic Imaging of Texas dba RAYUS Radiology; Owned
  • Strategically Positioned Halfway Between Methodist Charlton Medical Center & Crescent Regional Hospital: Built-In Customer Referral Base
  • Located in Desirable Dallas Suburb within Minutes of I-35, I-20 & Hwy 67: Population of 218,817 within 5 miles

OVERVIEW

Infill, single-tenant medical building backed by a corporate lease to Methodist Diagnostic Imaging of Texas (dba RAYUS Radiology) with 3% annual rent increases. The tenant has demonstrated a strong commitment to the site with a new five-year lease extension and significant investment in the space. RAYUS Radiology had 3,000 team members nationwide, 800 radiologists, and acquires, manages, and distributes more than 75 million images annually. The diagnostic imaging services marketing is projected to reach $987.3 billion in 2034, up from $600.4 billion in 2024. The site is strategically positioned halfway between Methodist Charlton Medical Center and Crescent Regional Hospital, totaling approximately 400 beds. RAYUS Radiology also benefits from a built-in referral base from a large network of hospital partners, including Methodist Health System. DeSoto (population 56,711) is located in the Southwest region of Dallas County, Texas. A suburb of Dallas, it is 12 miles south of downtown Dallas, at the corner of I-35 and Pleasant Run Road. As one of the oldest communities in north Texas, it is diverse, progressive, and a community that’s business-friendly, as well as family-focused. It offers the commercial benefits of a developed industrial park, low-cost land prices, convenient interstate access and a plentiful labor supply, all located within a dynamic, award-winning community. DeSoto is a prime location, serving as a gateway to job opportunities in Dallas, Fort Worth, and the Mid-Cities. This property is listed in conjunction with Texas-licensed real estate broker Delta Commercial.

FOR SALE DETAILS

PRICE

$5,830,000 USD

PRICE/SF

$432 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Methodist Diagnostic Imaging

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

85

LAND DETAILS

LAND ACRES

1.79 AC

LAND SF

77,972 SF

ZONING

Z97

APN/PARCEL ID

20031450008A30000

ASK ABOUT THIS PROPERTY

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510-289-1166

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Putnam DailyFisher James CapitalMore Info
510-289-1166

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