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Investment Highlights
- Fully leased medical office building
- Strategically designed for two tenants
- Located within a growing North Texas submarket
- Operating under long-term triple net lease structures
- Each suite is fully built out for medical use
- Weighted average lease term of 5.25 years
Executive Summary
MedCore Partners is pleased to exclusively offer this exceptional investment opportunity, presenting the acquisition of a high-quality, 8,576 square foot, single-story medical office building. Strategically designed for two tenants, the property is configured with each occupant utilizing approximately 50% of the rentable area, delivering an efficient and balanced layout. The asset is fully leased to Cook Children's Health Care System and Hill Dental Studio, both operating under long-term, triple net (NNN) lease structures that provide stable, predictable cash flow. The tenant mix pairs institutional-grade healthcare with a growth-oriented, private equity-backed dental platform, creating a complementary and diversified income stream. Cook Children's, a nationally recognized pediatric healthcare system, delivers mission-critical services and offers strong creditworthiness alongside long-term operational stability. Hill Dental Studio further enhances the tenancy with a modern, technology-driven practice supported by institutional capital and an active expansion strategy. The building's dual-tenant configuration strikes an attractive balance between income diversification and management simplicity. Each suite is fully built out for medical use, featuring specialized improvements and layouts tailored to tenant operations, reinforcing long-term retention while minimizing near-term capital expenditure risk. Supported by strong tenant fundamentals, long-term leases, and a highly functional design, the property is well-positioned as a passive investment opportunity. This offering is ideally suited for investors seeking predictable cash flow backed by essential healthcare services within a growing and affluent North Texas submarket.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
8,576 SF
Building Class
A
Year Built
2020
NOI
$305,309
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,576 SF
Building FAR
0.20
Lot Size
1.00 AC
Zoning
Commercial - Commercial
Parking
44 Spaces (5.13 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R-11839-00A-0010-1 | Improvements Assessment | $1,759,166 |
| Land Assessment | $946,820 | Total Assessment | $2,705,986 |
Property Taxes
Parcel Number
R-11839-00A-0010-1
Land Assessment
$946,820
Improvements Assessment
$1,759,166
Total Assessment
$2,705,986
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