4635 Frankford Rd - Freestanding FOR SALE


Dallas, TX 75287- Far North Dallas
$2,941,278 USD
310-893-3397
4635 Frankford Rd, Dallas, TX for Sale
$2,941,278 USD
Freestanding - FOR SALE
1/12
null | 4.85% Cap Rate

4635 Frankford Rd
Dallas, TX 75287
Far North Dallas


HIGHLIGHTS

  • 5.10% AVERAGE BASE TERM CAP RATE
  • RARE 2.5% ANNUAL RENT INCREASES
  • ABSOLUTE NNN LEASE – ZERO LANDLORD DUTIES
  • CORPORATE-GUARANTEED BY INVESTMENT-GRADE TENANT
  • FORTUNE 100 WORKPLACE – 11 YEARS RUNNING
  • OUTPARCEL TO REMODELED TOM THUMB, SURROUNDED BY NATIONAL RETAILERS

OVERVIEW

Kidder Mathews and Bang Realty is pleased to present the opportunity to acquire a freestanding Texas Health Resources medical clinic located at 4635 Frankford Road in Dallas, Texas. This ±3,002 SF facility sits on ±0.57 acres and is 100% leased to Texas Health Resources under an absolute NNN lease with no landlord responsibilities. The lease commenced in December 2020 and extends through November 2030, featuring 2.5% fixed annual rent increases—a rare feature in single tenant NNN leases and two (2) five year renewal options. The subject property is an outparcel to a newly remodeled Tom Thumb grocery store, benefiting from excellent visibility, strong daily traffic, and retail synergy. It is located in an affluent, densely populated area of North Dallas, surrounded by established residential neighborhoods, top-rated schools, and high household incomes, further supporting long-term tenant performance and demand for medical services. Offered at $2,941,278 the property provides a cap rate of 4.85%. Backed by a corporate guaranty from Texas Health Resources, one of the largest nonprofit health systems in the U.S. with investment-grade credit, this offering delivers a stable, management-free investment in one of Dallas’ most desirable healthcare corridors. An ideal opportunity for 1031 exchange buyers or investors seeking secure, inflation-hedged cash flow. HIGH-EXPOSURE LOCATION WITH STRONG DEMOGRAPHICS Affluent North Dallas trade area with ±39,866 VPD along Frankford Road and 20% projected population growth within a 1-mile radius over the next five years.

FOR SALE DETAILS

PRICE

$2,941,278 USD

PRICE/SF

$990 USD /SF

CAP RATE

4.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Texas Health Breeze Urgent Care

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

C

APN/PARCEL ID

R-2773-00J-0040-1

ASK ABOUT THIS PROPERTY

Ryan SharpeKidder MathewsMore Info
310-893-3397

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

Ryan SharpeKidder MathewsMore Info
310-893-3397

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