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149 E State Highway 121
Coppell, TX 75019

$2,800,000 USD

Medical Condo For Sale  •  5,776 SF

Property Details

  • Property Type Medical
  • Total Building Size 18,000 SF
  • Building Class B
  • Year Built 2019
  • Tenancy Multiple
  • Zoning Z236
0 Transit Score
46 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 110/115 Medical 5,776 SF $2,800,000 USD
  • Unit Size: 5,776 SF
  • Condo Use: Medical
  • Price: $2,800,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $484.76 USD
Description
149 SH 121 is a modern, professional office condominium project delivered in 2019 and located in the heart of Coppell, Texas. Positioned at the prominent intersection of SH 121 and Denton Tap Road, the property benefits from excellent accessibility and convenient connectivity throughout the DFW Metroplex. The condominium totals 5,766 contiguous square feet, comprised of Suite 110 (2,280 square feet) and Suite 115 (3,486 square feet). Suite 115 is leased to a subsidiary of Methodist Health System, providing a strong healthcare anchor within the project and enhancing the overall stability and
credibility of the location.

Sale Notes
Dual-strategy opportunity with in-place income from Suite 115 which is leased to an institutional tenant, MedHealth providing reliable cash flow and value-add upside through lease-up of Suite 110 within a recession-resistant asset class with healthcare real estate historically demonstrating stability across economic cycles.

Description 

This offering consists of two medical suites totaling 5,766 square feet. Suite 115 (3,486 SF) is leased to Medhealth, a 501(c) (3) healthcare organization that operates as a subsidiary of Methodist Health System under a five-year lease, providing investors with stable, institutional-quality cash flow. Suite 110 (2,280 SF) is currently vacant, presenting a clear opportunity for lease-up and rent growth, allowing an investor to enhance returns through strategic tenancy. The suites are configured to support outpatient medical and clinical uses, benefiting from strong demand driven by the continued shift toward outpatient healthcare delivery in the DFW market.

Highlights

Dual-strategy opportunity with in-place income from Suite 115 and value-add upside through lease-up of Suite 110
Institutional tenant in Medhealth providing reliable cash flow
Recession-resistant asset class with healthcare real estate historically demonstrating stability across economic cycles
Outpatient medical focus designed to support modern clinical operations
Strategic Coppell location with strong demographics, excellent access from SH 121, and proximity to the broader DFW medical ecosystem

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Hebron Station (A-train - Denton County Transportation Authority) 7 min - 3.5 mi
Trinity Mills Station (Green Line - Dallas Area Rapid Transit (DART)) 9 min - 5.5 mi
AirportDriveWalkDistance
Dallas-Fort Worth International 13 min - 8.7 mi
Dallas Love Field 29 min - 19.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Michael Collins 214-244-2278 MedCore Partners
Michael Collins 214-244-2278 MedCore Partners