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5060 Tennyson Pky - 5060 Tennyson Pkwy Suites 100 & 200 Plano TX 17,803 SF Medical Condo Unit Offered at $11,259,920 in Plano, TX 75024
Investment Highlights
- 100% occupied — dual-suite condo package sale, single tenant
- National healthcare tenant: Platinum Dermatology Partners / Signature Dermatology & Aesthetics
- Legacy submarket — Plano, TX | Adjacent to major hospital systems
- Affluent trade area: avg. household income $150,000+ within 2 miles
- Class A medical office construction, 2020 build
Executive Summary
Wynmark Commercial is offering two medical office condo units for sale at 5060 Tennyson Parkway in Plano, Texas. This property is a two-building, three-story Class A medical office complex built in 2020. The sale includes Suite 100 (9,619 SF) and Suite 200 (8,184 SF), for a total of 17,803 SF. Both suites are fully leased on a long-term basis to Platinum Dermatology Partners (doing business as Signature Dermatology & Aesthetics). The property is listed for $11,259,920 with a 6.00% cap rate and a net operating income of $675,595 starting on September 1, 2026. Both suites have nine years left on their leases, offering investors stable income supported by a well-known healthcare operator with nearly 400 providers at over 120 locations in Texas, Arizona, California, Florida, and Nevada. Suite 100 (9,619 SF) serves as a general dermatology and aesthetics clinic generating $365,025 in annual base rent. Suite 200 (8,184 SF) is purpose-built as a skin cancer surgery center generating $310,570 in annual base rent. Both suites feature state-of-the-art medical buildouts, purpose-designed for a flagship dermatology practice. The property is located in the Legacy submarket of Plano — one of the strongest medical office corridors in the Dallas-Fort Worth Metroplex — with direct access to the Dallas North Tollway and SH-121. The site is proximate to Children's Medical Center Plano, Texas Health Presbyterian Hospital Plano, Baylor Scott & White Medical Center – Plano, and Medical City Plano, supporting consistent patient demand and long-term tenancy.
Data Room Click Here to Access
- Offering Memorandum
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 6.00% |
| Sale Type | Investment |
| Cap Rate | 6.00% |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 & 2 | 17,803 SF | Medical | $11,259,920 ($632.47/SF) | $675,595.20 |
Unit 1 & 2
| Unit Size |
| 17,803 SF |
| Condo Use |
| Medical |
| Price |
| $11,259,920 ($632.47/SF) |
| NOI |
| $675,595.20 |
Unit 1 & 2
| Unit Size | 17,803 SF |
| Condo Use | Medical |
| Price | $11,259,920 ($632.47/SF) |
| NOI | $675,595.20 |
| Sale Type | Investment |
| Cap Rate | 6.00% |
Property Facts
| Total Building Size | 30,630 SF | Typical Floor Size | 10,210 SF |
| Property Type | Office (Condo) | Year Built | 2020 |
| Property Subtype | Medical | Lot Size | 2.50 AC |
| Building Class | B | Parking Ratio | 1.63/1,000 SF |
| Floors | 3 | ||
| Zoning | Commercial - Zoned CE with Preston Road Overlay Plano TX | ||
| Total Building Size | 30,630 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 10,210 SF |
| Year Built | 2020 |
| Lot Size | 2.50 AC |
| Parking Ratio | 1.63/1,000 SF |
| Zoning | Commercial - Zoned CE with Preston Road Overlay Plano TX |
Amenities
- Atrium
- Signage
- Waterfront
- Central Heating
- Natural Light
- Air Conditioning
Contacts
-
Kristi Alexander -
Austin Eastman -
Mark Pittman -
Kristin Hollek -
Wynmark Commercial
Presented by
5060 Tennyson Pky - 5060 Tennyson Pkwy Suites 100 & 200 Plano TX
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