501 E Broad St | Mansfield, TX 76063
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- LoopNet Team
501 E Broad St
Mansfield, TX 76063
Texas Health Mansfield Family Clinic · Office Property For Sale
INVESTMENT HIGHLIGHTS
- New 7-Year Net Lease to Pandemic-Resistant Investment Grade Medical Tenant with Rare 2% Annual Rental Escalations
- Brand New 2020 Renovation and Expansion - Tenant is Renovating 80% of Building Interior, Demonstrating Long-Term Commitment to Site
- Less than 1.5 Miles from US-287 Arterial Junction – 77,315 AADT
- Texas Health Resources is the Largest Nonprofit Healthcare System in North Texas - Rated Aa2 by Moody’s and AA by S&P
- Average Household Income of $116,990 within 5 Mile Radius
- Approximately 30 Minutes’ Drive from Downtown Dallas and Fort Worth
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
5,062 SF
Building Class
C
Year Built
1988
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,062 SF
Building FAR
0.22
Lot Size
0.52 AC
PROPERTY TAXES
| Parcel Number | 42648376 | Improvements Assessment | $852,578 |
| Land Assessment | $109,760 | Total Assessment | $962,338 |
PROPERTY TAXES
Parcel Number
42648376
Land Assessment
$109,760
Improvements Assessment
$852,578
Total Assessment
$962,338
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