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.