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This exceptional investment opportunity presents a fee-simple interest in a 5,351 square foot medical office building in Arlington, Texas. The property, built in 2005 and renovated in 2023, boasts a brand-new 20-year absolute NNN lease with four 5-year options to extend, commencing April 1, 2023, and expiring April 1, 2043. The tenant, Total Point Urgent Care, a rapidly expanding healthcare provider with 15 facilities open and 21 under construction across Texas and Arizona, occupies the entire building at 100% occupancy. The lease includes 2% annual rental increases, providing a hedge against inflation and growing net operating income (NOI) currently at $552,798, with a 7.00% cap rate and an asking price of $7,897,114 ($1,475.82/sq ft). The property sits on a 1.33-acre lot with 106 parking spaces and is zoned CC: Community Commercial. Its prime location at 1171 SW Green Oaks Boulevard, Arlington, TX 76017, offers significant street frontage, multiple access points, and high visibility, benefiting from an average daily traffic count of 76,400 vehicles on the intersecting Green Oaks Boulevard and South Cooper Street. Proximity to Interstate 20 (181,500 VPD) further enhances accessibility. The 5-mile trade area encompasses a population of 171,000 residents and 69,000 employees, with an average household income of $134,526. The lease is guaranteed by Elysian Capital, a private equity firm managing $700 million. This is a truly exceptional, low-risk investment opportunity with significant long-term growth potential.
Highlights
Brand-new 20-year absolute NNN lease with four 5-year options, 2% annual rent increases, and a strong guarantee from Elysian Capital.
Zero landlord responsibilities and no Texas state income tax.
High-visibility location at a signalized intersection with 76,400 VPD, offering excellent street frontage and multiple access points.
Less than 1.5 miles from Interstate 20 (181,500 VPD), providing convenient access.
Strong 5-mile trade area with 171,000 residents, 69,000 employees, and a $134,526 average household income.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.