1530 S Forest Ln
Garland, TX 75042
Forest Creek Med & Professional Offices · Office Property For Sale

Forest Creek Medical & Professional Offices provides an investor the opportunity to acquire a two story, 17,221-square foot, multi-tenant medical/dental office located at Forest Lane near Texas State Highway 78. Built in 1978, this medical dental office building is 12% leased with a single tenant and seven vacant suites. The location boasts traffic counts of approximately 24,900 vehicles per day on Texas State Highway 78, just north of Interstate Highway 635. Garland initiated the Downtown Square Project which redesigned the public square at the heart of Garland’s downtown to create a larger, more functional and inviting public space. The project includes evaluation of design concepts such as replacement of the large reflecting pool with a central fountain, raising the grade of the plaza to street level, and creating a more flexible and functional space for large gatherings, as well as individual activity. As of 2012, the Dallas Area Rapid Transit (DART) rail service opened the Downtown Garland DART Rail Station on the Blue Line. Access to this commuter rail station, located less than two miles from Forest Creek Dental Offices, provides Garland with transit-oriented development opportunities and helps initiate redevelopment. These projects highlight Garland and Forest Creek Dental Office as a solid and stable area. Concentrating limited public sector resources in strategic areas is expected to have a positive "ripple effect" in surrounding neighborhoods and commercial districts. Combined with partnerships with private developers and businesses to build new or renovate key places in Garland, these redevelopments meet broader community aspirations. Forest Creek Medical & Professional Offices presents an investor with an opportunity to acquire a value-add medical/dental office building below replacement cost, with potential upside for an owner/user or church, located in an improving North Texas submarket.