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- LoopNet Team
3201 US Highway 380
Cross Roads, TX 76227
THR Cross Roads Medical Office · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Unique Owner/User opportunity
- Cross Roads tax advantage over surrounding municipalities
- Between 2018 to 2019 Cross Roads saw a 9.57% increase in population
- Offered significantly below replacement cost
- 2-mile Median Home Value - $352,564
- Owner/occupier opportunity - existing tenants offset mortgage costs
PROPERTY FACTS
AMENITIES
- Signage
- Central Heating
- Natural Light
- Monument Signage
- Air Conditioning
ABOUT 3201 US HIGHWAY 380 , CROSS ROADS, TX 76227
THR Cross Roads Medical Office (The “Property”) is located along Highway 380 in Cross Roads, Texas. The property sits on 3.45 acres of land and is between Denton and Prosper. 3201 US Highway 380 offers an owner/occupier a 63% occupied medical office building consisting of approximately 24,863 square feet. The property is occupied by a diverse mix of medical professional tenants who serve the local Cross Roads market and the surrounding cities. This investment provides an owner/occupant with an opportunity to occupy the property and have stable cash flow from tenants currently in-place to offset rent and loan payments.
PROPERTY TAXES
| Parcel Number | R660586 | Improvements Assessment | $5,313,728 |
| Land Assessment | $1,497,157 | Total Assessment | $6,810,885 |
PROPERTY TAXES
