5716 Edwards Ranch RdFort Worth, TX 76109

For Sale
$1,760,000

Class A, NNN Lease, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
93
Exceptional investment opportunity in Fort Worth, Texas. This 3,063 square foot Class A medical office building is 100% occupied by Smile Doctors, a large and reputable dental support organization (DSO) with over 450 locations nationwide. The property boasts a strong 7.5% cap rate and a long-term net lease with a corporate guarantee, extending to August 31, 2033, with built-in rent increases of 3% starting in year six and two 5-year lease options. Situated on a 0.42-acre lot in a high-traffic area with over 30,000 vehicles per day, the building benefits from high visibility and proximity to affluent residential communities and premier shopping destinations. Built in 2013, the property features a synergistic location within a medical office corridor, ensuring continued tenant success and minimal landlord responsibilities. The robust demographics of the Dallas-Fort Worth metroplex, the fourth largest in the U.S., and the projected growth of the dental services market further enhance the investment potential. The asking price is $1,760,000 ($574.60/sq ft), with a current NOI of $132,000. This is a rare opportunity to acquire a stable, high-performing asset in a thriving market.

Highlights

  • 5-year NNN lease extension with Smile Doctors, expiring September 2033, including 3% annual rent increases.
  • Corporate-guaranteed NNN lease with Smile Doctors, a large DSO with 450+ locations nationwide, demonstrating strong operational history and commitment.
  • Smile Doctors affiliated with this location in 2023, signifying the site's success and tenant commitment.
  • NNN lease structure minimizes landlord responsibilities, offering a passive investment opportunity.
  • High-quality (2014 construction) medical office building in a synergistic medical corridor, benefiting from low tenant relocation risk due to patient retention challenges and high moving costs.
  • High-traffic location (30,000+ VPD) at a major intersection, providing high visibility crucial for outpatient healthcare facilities.

Property Details for 5716 Edwards Ranch Rd

Property type
Other office properties, Medical offices
Square Feet
3,063 SF
Class
A
Year Built
2013
Lot Size (sq. ft)
18,295 SF

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.70899303764
Longitude
-97.409199906966
5716 Edwards Ranch Rd, Fort Worth, Texas

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5716 Edwards Ranch Rd
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