Log In/Sign Up
Your email has been sent.
Medical Office NNN Investment 1231 E Belt Line Rd 9,200 SF 100% Leased Office Building Richardson, TX 75081 For Sale



Investment Highlights
- 100% leased to Texas Health Resources under a long-term NNN lease structure
- Located within six miles of two major hospitals, ensuring strong medical demand in the surrounding trade area
- Features a well-designed medical layout with multiple exam rooms and functional floor plans to support efficient healthcare operations
- Positioned just west of E. Belt Line and N. Plano Road, offering robust visibility and traffic counts of over 30,000 VPD
- Convenient access to US Highway 75, George Bush Turnpike, and Interstate 635, providing regional connectivity
- For a complete list of all available properties, please visit www.ridgepcre.com
Executive Summary
1231 E. Belt Line Road presents a compelling medical office investment opportunity in Richardson, Texas, offering stable in-place income backed by a high-quality healthcare tenant. The 9,200 SF medical office building is 100% leased to Texas Health Resources under a 7-year NNN lease, providing investors with durable cash flow, limited landlord expense exposure, and tenancy supported by one of North Texas’ most recognized healthcare systems.
Positioned along the heavily traveled E. Belt Line Road corridor, the property benefits from strong visibility, convenient access to US-75, President George Bush Turnpike, and I-635, and proximity to major regional medical demand drivers including Medical City Hospital and Methodist Richardson Medical Center. The surrounding trade area features dense residential neighborhoods, significant daytime population, strong household incomes, and nearby retail and employment nodes that reinforce long-term healthcare demand.
With an approximate NOI of $230,000, 39 parking spaces, and a functional medical layout, the subject property offers investors a stabilized medical office acquisition with strong tenant credit, essential-service use, and a strategic Richardson location within the broader Dallas-Fort Worth healthcare market.
Positioned along the heavily traveled E. Belt Line Road corridor, the property benefits from strong visibility, convenient access to US-75, President George Bush Turnpike, and I-635, and proximity to major regional medical demand drivers including Medical City Hospital and Methodist Richardson Medical Center. The surrounding trade area features dense residential neighborhoods, significant daytime population, strong household incomes, and nearby retail and employment nodes that reinforce long-term healthcare demand.
With an approximate NOI of $230,000, 39 parking spaces, and a functional medical layout, the subject property offers investors a stabilized medical office acquisition with strong tenant credit, essential-service use, and a strategic Richardson location within the broader Dallas-Fort Worth healthcare market.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,200 SF
Building Class
B
Year Built
1984
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,450 SF
Building FAR
0.27
Lot Size
0.77 AC
Parking
30 Spaces (3.03 Spaces per 1,000 SF Leased)
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Texas Health Resources
- Health Care and Social Assistance
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Texas Health Resources | Health Care and Social Assistance | 99,999 SF | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 42014690000040000 | Improvements Assessment | $1,063,650 |
| Land Assessment | $28,590 | Total Assessment | $1,092,240 |
Property Taxes
Parcel Number
42014690000040000
Land Assessment
$28,590
Improvements Assessment
$1,063,650
Total Assessment
$1,092,240
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Medical Office NNN Investment | 1231 E Belt Line Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
