6785 Horizon Rd - Medical FOR SALE


Heath, TX 75032
$10,733,000 USD
973-632-1386
6785 Horizon Rd, Heath, TX for Sale
$10,733,000 USD
Medical - FOR SALE
1/9
null | 6% Cap Rate

6785 Horizon Rd
Heath, TX 75032


HIGHLIGHTS

  • New custom-designed Class A medical office building featuring modern fixtures and an efficient, purpose-built layout
  • 100% leased to two tenants, each under brand-new 10-year NNN lease agreements with four (4) 5-year renewal options | Leases feature 3% rent increases
  • Sandknop Health Group, founded in 1978, has decades of patient loyalty and relocated to this custom-built facility from their prior office
  • Connected Cardiovascular Care is a top-rated cardiology practice lead by a nationally recognized specialist who has practiced in Dallas since 1996
  • Both practices are affiliated with Southwestern Health Resources, one of the strongest healthcare networks in Texas
  • Heavy medical infrastructure including CT scanner and other advanced diagnostic equipment, underscoring the tenant’s long-term investment in the site

OVERVIEW

• Scheduled for completion in 2025, the property will be a newly constructed, Class A medical office building featuring modern fixtures and an efficient, purpose-built layout, offering long-term ownership appeal • New construction minimizes near-term maintenance costs and avoids the capital-intensive upgrades often required with older assets, delivering operational efficiency and reduced ownership risk • The property is 100% leased to two tenants, each under brand-new 10-year lease agreements with four (4) 5-year renewal options • Leases include scheduled 3% annual rent increases, driving NOI growth and providing a reliable hedge against inflation

FOR SALE DETAILS

PRICE

$10,733,000 USD

PRICE/SF

$583 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2-Tenant Medical Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

130

LAND DETAILS

LAND ACRES

2.38 AC

LAND SF

103,673 SF

ZONING

LR

APN/PARCEL ID

71055

ASK ABOUT THIS PROPERTY

Kyle FantSRS Real Estate PartnersMore Info
973-632-1386

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Kyle FantSRS Real Estate PartnersMore Info
973-632-1386

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