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149 E State Highway 121 5,776 SF Medical Condo Unit Offered at $2,800,000 in Coppell, TX 75019
Investment Highlights
- Dual-strategy opportunity with in-place income from Suite 115 and value-add upside through lease-up of Suite 110
- Recession-resistant asset class with healthcare real estate historically demonstrating stability across economic cycles
- Strategic Coppell location with strong demographics, excellent access from SH 121, and proximity to the broader DFW medical ecosystem
- Institutional tenant in Medhealth providing reliable cash flow
- Outpatient medical focus designed to support modern clinical operations
Executive Summary
This offering consists of two medical suites totaling 5,766 square feet. Suite 115 (3,486 SF) is leased to Medhealth, a 501(c) (3) healthcare organization that operates as a subsidiary of Methodist Health System under a five-year lease, providing investors with stable, institutional-quality cash flow. Suite 110 (2,280 SF) is currently vacant, presenting a clear opportunity for lease-up and rent growth, allowing an investor to enhance returns through strategic tenancy. The suites are configured to support outpatient medical and clinical uses, benefiting from strong demand driven by the continued shift toward outpatient healthcare delivery in the DFW market.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Total Building Size | 18,000 SF | Floors | 1 |
| Property Type | Office (Condo) | Typical Floor Size | 18,000 SF |
| Property Subtype | Medical | Year Built | 2019 |
| Building Class | B | ||
| Zoning | Z236 - Commercial | ||
| Total Building Size | 18,000 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 18,000 SF |
| Year Built | 2019 |
| Zoning | Z236 - Commercial |
1 Unit Available
Unit 110/115
| Unit Size | 5,776 SF | Condo Use | Medical |
| Price | $2,800,000 | Sale Type | Investment or Owner User |
| Price Per SF | $484.76 |
| Unit Size | 5,776 SF |
| Price | $2,800,000 |
| Price Per SF | $484.76 |
| Condo Use | Medical |
| Sale Type | Investment or Owner User |
Description
149 SH 121 is a modern, professional office condominium project delivered in 2019 and located in the heart of Coppell, Texas. Positioned at the prominent intersection of SH 121 and Denton Tap Road, the property benefits from excellent accessibility and convenient connectivity throughout the DFW Metroplex. The condominium totals 5,766 contiguous square feet, comprised of Suite 110 (2,280 square feet) and Suite 115 (3,486 square feet). Suite 115 is leased to a subsidiary of Methodist Health System, providing a strong healthcare anchor within the project and enhancing the overall stability and
credibility of the location.
Sale Notes
Dual-strategy opportunity with in-place income from Suite 115 which is leased to an institutional tenant, MedHealth providing reliable cash flow and value-add upside through lease-up of Suite 110 within a recession-resistant asset class with healthcare real estate historically demonstrating stability across economic cycles.
Presented by
149 E State Highway 121
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