5800 Coit Rd - Medical FOR SALE


Plano, TX 75023
$15,069,766 USD
925-212-7254
5800 Coit Rd, Plano, TX for Sale
$15,069,766 USD
Medical - FOR SALE
1/7
null | 6.5% Cap Rate

5800 Coit Rd
Plano, TX 75023


HIGHLIGHTS

  • Elite Medical Tenancy - Long-standing providers with recently upgraded interiors represent the top tier of practitioners in the North Dallas submarket
  • Passive Income & Growth - The asset is secured by Triple Net (NNN) leases featuring annual 2% rent escalations and an attractive 6-year WALT
  • Affluent Demographics - Located in the upper end residential neighborhood where home values range from $1.5M-$7M
  • Exceptional Visibility & Accessibility - Fronting Coit Road with traffic volumes exceeding 38,000 VPD
  • Rapid Growth & Regional Dominance - Located in the nation’s 4th largest MSA, the property serves a vast population of 1.2 million in a 10-mile radius
  • Institutional-Quality Asset with Upside - A highly functional, best-in-class design, with very limited submarket competition

OVERVIEW

Lone Star Crossing is one of the largest oral health facilities in Texas, containing eight specialized dental practices. Anchored by an elite, Top 20-ranked dental practice with a multi-decade track record, the property features a high-caliber tenant mix that defines the standard for healthcare services in the North Dallas corridor. Currently 100% occupied, the asset offers a diversified income stream with a six-year weighted average lease term remaining. The NNN lease structure minimizes landlord responsibilities, while annual 2% rent escalations provide a built-in hedge against inflation and predictable Net Operating Income growth. Located in a non-income tax state, the property sits in the heart of a robust healthcare submarket that attracts top-tier professional talent and high-net-worth residents, solidifying its status as a core-plus investment.

FOR SALE DETAILS

PRICE

$15,069,766 USD

PRICE/SF

$425 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lone Star Crossing

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

171

LAND DETAILS

LAND ACRES

3.02 AC

LAND SF

131,551 SF

ZONING

0-M

APN/PARCEL ID

R-3878-001-0010-1

ASK ABOUT THIS PROPERTY

Alex VidalAcuity Private CapitalMore Info
925-212-7254

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Alex VidalAcuity Private CapitalMore Info
925-212-7254

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