This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Office Property is no longer advertised on LoopNet.com.

401 Westpark Way
Euless, TX 76040
Podiatry Clinic | Absolute NNN | 2% Increases · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand New Lease – A brand new 15-year lease will be signed at the close of escrow
  • High Growth Market – In the past 5 years the population grew 14.61% and is expected to grow another 6.17% by 2025
  • Strong Demographics – Population includes around 264,556 residents within a 5-mile radius with an average household income of $99,620
  • Annual Rental Increases – 2% annual increases provide a potential investor a great hedge against inflation

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
4,941 SF
Building Class
C
Year Built
1982
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,941 SF
Building FAR
0.22
Lot Size
0.51 AC
Zoning
C1, Euless
Parking
18 Spaces (3.64 Spaces per 1,000 SF Leased)

ABOUT 401 WESTPARK WAY , EULESS, TX 76040

Extremely Passive Investment – This long-term single-tenant healthcare investment features a landlord-friendly lease structure that is ideal for out of state investors Surrounding Tenants – Property is near Texas Health Harris Methodist Hurst Campus, Cook Children’s Pediatrics, Texas Oncology, Quick Trip, Jimmy John’s, IHOP, Whataburger, Subway and many more E-Commerce Resistant Tenant – Healthcare operators aren’t prone to thesame competition that many retail tenants face Ideal Single Tenant Format Formation – Subject property is strategically situated in the immediate proximity of a strong lineup of medical tenants and residences Tax-Free State – Texas has zero income tax for real estate investments

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04853865
Land Assessment
$137,481
Improvements Assessment
$819,043
Total Assessment
$956,524
  • Listing ID: 18841070

  • Date on Market: 3/12/2020

  • Last Updated:

  • Address: 401 Westpark Way, Euless, TX 76040

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}