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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.

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 - -
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
42014690000040000
Land Assessment
$28,590
Improvements Assessment
$1,063,650
Total Assessment
$1,092,240
  • Listing ID: 41071640

  • Date on Market: 6/26/2026

  • Last Updated:

  • Address: 1231 E Belt Line Rd, Richardson, TX 75081

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