901 W Jefferson St - Retail FOR SALE


Grand Prairie, TX 75051
$6,957,000 USD
760-448-2449
901 W Jefferson St, Grand Prairie, TX for Sale
$6,957,000 USD
Retail - FOR SALE
1/10
null | 8% Cap Rate

901 W Jefferson St
Grand Prairie, TX 75051


HIGHLIGHTS

  • Absolute NNN lease with zero landlord responsibilities | 11+ years of primary term | 2% annual rent increases
  • Strategic Dallas-Fort Worth real estate | Income tax-free state | Signalized hard-corner location
  • Owned and founded by Encore Enterprises | Experienced Dallas-based investment firm | $1.6B in assets under management
  • Recession-resistant 24/7 medical use | Essential healthcare tenancy | High barrier-to-entry healthcare use
  • Growing healthcare hub | 239,000 residents located within a 5-mile radius | Grand Prairie’s healthcare sector is a key economic driver

OVERVIEW

Lee & Associates and Bang Realty are pleased to present for sale the fee simple interest in Surepoint Emergency Center, a freestanding single-tenant emergency room located at 901 W. Jefferson Street in Grand Prairie, Texas within the Dallas–Fort Worth Metroplex. Constructed in 2016, the 6,997 square foot facility sits on approximately 0.90 acres and is positioned as a modern 24/7 emergency medical center serving the surrounding community. The asset is secured by an absolute NNN lease to Surepoint Emergency Center. The lease features 2% annual rental increases throughout the primary term and renewal options, and the tenant is responsible for roof, structure, HVAC, parking lot, property taxes, and insurance, providing a true passive ownership structure with zero landlord responsibilities.

FOR SALE DETAILS

PRICE

$6,957,000 USD

PRICE/SF

$994 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Surepoint Emergency Center

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,045 SF

ZONING

Z236

APN/PARCEL ID

287221700A0010000

ASK ABOUT THIS PROPERTY

Ryan BennettLee & AssociatesMore Info
760-448-2449

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Ryan BennettLee & AssociatesMore Info
760-448-2449

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