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10 Y Medical SLB | NNN Lease | 7.50% Cap 1406 W Randol Mill Rd 3,500 SF Office Building Arlington, TX 76012 $1,026,667 ($293.33/SF) 7.50% Cap Rate
Investment Highlights
- Close Hospital Proximity – The facility sits right next to Texas Health Arlington Memorial Hospital, a 369-bed full-service acute-care medical center
- Expansive Primary Care Market – This offering provides a compelling opportunity to secure stable, long-term income while gaining exposure
- Inflation-Protected Cash Flow – The lease features 3% annual rent increases, offering investors built-in income growth
- Passive NNN Lease Structure – The tenant will sign a fresh ten-year NNN lease, providing a passive investment vehicle
- Affluent Surrounding Demographics – Arlington is a high-income area with average household incomes exceeding $93,000 within a three-mile radius
- Largest MSA in Texas – The Dallas–Fort Worth metroplex is the largest metro in Texas and the fourth largest in the U.S.
Executive Summary
Matthews Real Estate Investment Services’™ Healthcare Division is pleased to present a unique opportunity to acquire a primary healthcare clinic leased to 1st Choice Healthcare.
Dr. Farley Brown has been operating out of this location since 1986, offering a unique blend of primary care and chiropractic services. For nearly 40 years, he’s been a staple in the community, focusing on injury care, pain management, physiotherapy, rehabilitation, and chiropractic treatment.
The opportunity consists of a 100% fee simple interest in an approximately 3,500-square-foot building situated on a 0.41-acre parcel in Arlington. The property benefits from strong surrounding demographics, with an average household income of roughly $86,000 within a five-mile radius.
Located within the Dallas–Fort Worth metroplex, the fourth-largest MSA in the country, the asset offers investors the chance to own real estate in one of the fastest-growing and most dynamic markets in the U.S.
Upon close of escrow, the tenant will execute a new 10-year NNN lease featuring 3% annual rent increases, creating a compelling, inflation-protected investment opportunity for both local and out-of-state investors.
With the U.S. primary care market exceeding $300 billion and continuing to grow, this offering provides a compelling opportunity to secure stable, long-term income while gaining exposure to one of the largest and most essential segments of healthcare real estate.
Patrick Graham
License # 9005919, 528005 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550
Dr. Farley Brown has been operating out of this location since 1986, offering a unique blend of primary care and chiropractic services. For nearly 40 years, he’s been a staple in the community, focusing on injury care, pain management, physiotherapy, rehabilitation, and chiropractic treatment.
The opportunity consists of a 100% fee simple interest in an approximately 3,500-square-foot building situated on a 0.41-acre parcel in Arlington. The property benefits from strong surrounding demographics, with an average household income of roughly $86,000 within a five-mile radius.
Located within the Dallas–Fort Worth metroplex, the fourth-largest MSA in the country, the asset offers investors the chance to own real estate in one of the fastest-growing and most dynamic markets in the U.S.
Upon close of escrow, the tenant will execute a new 10-year NNN lease featuring 3% annual rent increases, creating a compelling, inflation-protected investment opportunity for both local and out-of-state investors.
With the U.S. primary care market exceeding $300 billion and continuing to grow, this offering provides a compelling opportunity to secure stable, long-term income while gaining exposure to one of the largest and most essential segments of healthcare real estate.
Patrick Graham
License # 9005919, 528005 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
3,500 SF
Building Class
C
Year Built
1979
Price
$1,026,667
Price Per SF
$293.33
Cap Rate
7.50%
NOI
$77,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,500 SF
Building FAR
0.22
Lot Size
0.36 AC
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 02329719 | Improvements Assessment | $430,013 |
| Land Assessment | $90,000 | Total Assessment | $520,013 |
Property Taxes
Parcel Number
02329719
Land Assessment
$90,000
Improvements Assessment
$430,013
Total Assessment
$520,013
Contacts
-
Andrew Fagundo -
Rahul Chhajed -
Michael Moreno -
Matthews Real Estate Investment Services
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10 Y Medical SLB | NNN Lease | 7.50% Cap | 1406 W Randol Mill Rd
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