916 Highway 67Duncanville, TX 75137
For Sale
$2,440,000
High-yield medical office, 100% occupied
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 93
Highlights
- 5,972 SF medical office building in Duncanville, TX, offered at $2,440,000, a 6.49% cap rate.
- Absolute net lease with corporate guarantee from Heart & Vascular Partners, eliminating landlord responsibilities for roof and structure.
- Prime medical corridor location, five minutes from Methodist Charlton Medical Center, with high visibility on Highway 67 (96,000+ vehicles daily).
- 100% occupied by Dallas Heart & Vascular, a tenant with 40+ locations nationwide.
- Strong demographics: 2.6% annual population growth within a 1-mile radius since 2010, and surrounded by national retailers.
- Built in 2013 on a 1.045-acre lot, with a strong NOI of $158,461 and 1.5% annual rental increases.
Property Details for 916 Highway 67
- Property type
- Other office properties, Medical offices
- Square Feet
- 5,972 SF
- Year Built
- 2013
- Lot Size (sq. ft)
- 45,520 SF
Location Insight
- City
- Duncanville
- County
- Dallas
- State
- Texas
- Latitude
- 32.64154
- Longitude
- -96.8897674
916 Highway 67, Duncanville, Texas
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