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EXECUTIVE SUMMARY
Mote & Associates is pleased to offer the opportunity to acquire a +/-7,950 SF multi-tenant medical office building in DeSoto, TX in the Williamsburg Village Medical District adjacent to Methodist Charlton Medical Center.
Property is currently 100% occupied by Texas Lung and Sleep Consultants and Dallas Neuroscience, P,A.
Tenants are on modified gross leases with the tenants paying their own utilities. Landlord is responsible for repairs and maintenance, property taxes, insurance, roof and structure, and common area maintenance.
DeSoto is a growing city of 56,711 people just +/-15.8 miles from the heart of Dallas and centrally located between I-20, I-35, and US Highway 67. Property is only +/-0.4 miles from US-67, +/-1.4 miles from I-20, +/-3.8 miles from I-35E. Average household income for DeSoto is estimated at $103,229.
The subject property is located just a block away from Methodist Charlton Medical Center, +/-4.0 miles to Dallas Executive airport, +/-19.0 miles to Dallas Love Field Airport, and +/-26.6 miles to DFW International Airport. The subject property enjoys the benefits of attracting a vast source of local workforce and patients with the DART line located on Wheatland Drive, just +/-0.1 miles from the subject property.
Property is currently 100% occupied by Texas Lung and Sleep Consultants and Dallas Neuroscience, P,A.
Tenants are on modified gross leases with the tenants paying their own utilities. Landlord is responsible for repairs and maintenance, property taxes, insurance, roof and structure, and common area maintenance.
DeSoto is a growing city of 56,711 people just +/-15.8 miles from the heart of Dallas and centrally located between I-20, I-35, and US Highway 67. Property is only +/-0.4 miles from US-67, +/-1.4 miles from I-20, +/-3.8 miles from I-35E. Average household income for DeSoto is estimated at $103,229.
The subject property is located just a block away from Methodist Charlton Medical Center, +/-4.0 miles to Dallas Executive airport, +/-19.0 miles to Dallas Love Field Airport, and +/-26.6 miles to DFW International Airport. The subject property enjoys the benefits of attracting a vast source of local workforce and patients with the DART line located on Wheatland Drive, just +/-0.1 miles from the subject property.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
7,950 SF
Building Class
B
Year Built
2004
Price
$1,640,000
Price Per SF
$206.29
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,950 SF
Building FAR
0.22
Lot Size
0.82 AC
Zoning
Z97 - Planned Development
Parking
44 Spaces (5.53 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Number | 201125800B2A20000 | Improvements Assessment | $1,228,530 |
| Land Assessment | $287,500 | Total Assessment | $1,516,030 |
PROPERTY TAXES
Parcel Number
201125800B2A20000
Land Assessment
$287,500
Improvements Assessment
$1,228,530
Total Assessment
$1,516,030
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