5060 Tennyson Pky - Medical CONDO FOR SALE


Plano, TX 75024
$11,259,920 USD
972-360-8787
5060 Tennyson Pky, Plano, TX for Sale
$11,259,920 USD
Medical CONDO - FOR SALE
1/25
null | 6% Cap Rate

5060 Tennyson Pky
Plano, TX 75024


HIGHLIGHTS

  • 100% occupied — dual-suite condo package sale, single tenant
  • Affluent trade area: avg. household income $150,000+ within 2 miles
  • National healthcare tenant: Platinum Dermatology Partners / Signature Dermatology & Aesthetics
  • Class A medical office construction, 2020 build
  • Legacy submarket — Plano, TX | Adjacent to major hospital systems

OVERVIEW

Wynmark Commercial is offering two medical office condo units for sale at 5060 Tennyson Parkway in Plano, Texas. This property is a two-building, three-story Class A medical office complex built in 2020. The sale includes Suite 100 (9,619 SF) and Suite 200 (8,184 SF), for a total of 17,803 SF. Both suites are fully leased on a long-term basis to Platinum Dermatology Partners (doing business as Signature Dermatology & Aesthetics). The property is listed for $11,259,920 with a 6.00% cap rate and a net operating income of $675,595 starting on September 1, 2026. Both suites have nine years left on their leases, offering investors stable income supported by a well-known healthcare operator with nearly 400 providers at over 120 locations in Texas, Arizona, California, Florida, and Nevada. Suite 100 (9,619 SF) serves as a general dermatology and aesthetics clinic generating $365,025 in annual base rent. Suite 200 (8,184 SF) is purpose-built as a skin cancer surgery center generating $310,570 in annual base rent. Both suites feature state-of-the-art medical buildouts, purpose-designed for a flagship dermatology practice. The property is located in the Legacy submarket of Plano — one of the strongest medical office corridors in the Dallas-Fort Worth Metroplex — with direct access to the Dallas North Tollway and SH-121. The site is proximate to Children's Medical Center Plano, Texas Health Presbyterian Hospital Plano, Baylor Scott & White Medical Center – Plano, and Medical City Plano, supporting consistent patient demand and long-term tenancy.

FOR SALE DETAILS

PRICE

$11,259,920 USD

PRICE/SF

$632 USD /SF

CAP RATE

6%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5060 Tennyson Pkwy Suites 100 & 200 Plano TX

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

30,630 SF

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,900 SF

ZONING

Commercial

APN/PARCEL ID

R-9055-200-5060-1

ASK ABOUT THIS PROPERTY

Austin EastmanWynmark CommercialMore Info
972-360-8787

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Austin EastmanWynmark CommercialMore Info
972-360-8787

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