3900 American Dr - Medical FOR SALE


Plano, TX 75075
$4,850,000 USD
214-533-3983
3900 American Dr, Plano, TX for Sale
$4,850,000 USD
Medical - FOR SALE
1/20
null | 6% Cap Rate

3900 American Dr
Plano, TX 75075


HIGHLIGHTS

  • AMC is located on Campus of Medical City of Plano, as well as close being proximity to Baylor Scott & White (2 mi) & Texas Health Presby (5 mi)
  • Level 1 Trauma Hospital, the first and only Level 1 located in Plano
  • Structurally built for patient-focused & surgically centered medical companies, including front entrance canopy & adjacent parking (building-use only)
  • Historical occupancy has averaged over 90% with the 3 largest tenants have been active on property at least 2016

OVERVIEW

Wells Asset Management presents the opportunity to acquire a highly entrenched medical office building located on campus of Medical City Plano, American Medical Center. American Medical Center is the first and only Level 1 Trauma Hospital in Plano, TX. Located on Campus of the Medical City of Plano, with investment opportunity for buyer to include the strong opportunity to increase rents by at least $3.00 PSF based on market comps of MOBs located on campus and/or near major hospitals in the DFW Metroplex.

FOR SALE DETAILS

PRICE

$4,850,000 USD

PRICE/SF

$216 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

American Drive Medical Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

116

LAND DETAILS

LAND ACRES

1.7 AC

LAND SF

74,052 SF

ZONING

O-M, Plano

APN/PARCEL ID

R-3859-00A-0010-1

ASK ABOUT THIS PROPERTY

Mike WellsWells Asset Management, Inc.More Info
214-533-3983

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Mike WellsWells Asset Management, Inc.More Info
214-533-3983

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