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1220 N Kimball Ave
Southlake, TX 76092 Grapevine

Price Upon Request

Office For Sale  •  7,047 SF

Property Details

  • Property Type Office
  • Total Building Size 7,047 SF
  • Lot Size 1.63 AC
  • Building Class B
  • Year Built 2022
  • Tenancy Multiple
  • Zoning O1
0 Transit Score
50 Walk Score

Highlights

Passive Single-Tenant NNN Structure – No landlord responsibilities, ideal for 1031 exchange or long-term hold investors
Stable Income Stream – Approx. 5 years of primary lease term remaining with renewal options available
Attractive Yield – 6.00% cap rate on $113,884 NOI
Built-In Growth – 3% annual rent increases provide steady NOI growth and enhance exit value
National Credit Tenant – Physical Therapy, operating in multiple states with over 200 locations.
Modern Construction – ±2,825 SF medical facility built in 2022 minimizes capital expenditures

Public Transportation

AirportDriveWalkDistance
Dallas-Fort Worth International 13 min - 8.7 mi
Dallas Love Field 31 min - 22.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: Yes
Lon Lloyd, CCIM 817-528-0377 Champions DFW Commercial Realty
Lon Lloyd, CCIM 817-528-0377 Champions DFW Commercial Realty