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Medical Condo For Sale • 1,947 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit 4 | Medical Office | 1,947 SF | Price Upon Request | |
DescriptionSingle tenant investment with a 5-year NNN lease term and stable rent income. 5-year lease term is from 10/1/2026 to 9/30/2031 with Year 1 NOI of $54,905.40. A premier 1,947 SF office condo fronting SH 121 in The Colony. Its quality interior improvements were completed in 2024. Each exam room contains a sink, and the suite has washer and dryer hookups. It offers a high-performing, low-maintenance asset in one of the fastest growing corridors in North Texas. The property provides stable passive income through an NNN lease with minimal landlord responsibilities and strong upside potential driven by its premium location. This investment offers an attractive combination of immediate cash flow, limited management responsibilities, and long-term value appreciation potential. The property benefits from direct frontage along State Highway 121. Prominent pylon signage and visibility to more than 103,000 vehicles per day enhance exposure and accessibility for occupants and visitors. Sale NotesTenant is YD Day Spa, 5-year lease term is from 10/1/2026 to 9/30/2031 with Year 1 NOI of $54,905.40. A premier single-tenant office condo fronting SH 121 in The Colony, offering a high-performing, low-maintenance asset in one of the fastest growing corridors in North Texas. The property provides stable passive income through an NNN lease with minimal landlord responsibilities and strong upside potential driven by its premium location. This investment offers an attractive combination of immediate cash flow, limited management responsibilities, and long-term value appreciation potential. The property benefits from direct frontage along State Highway 121. Prominent pylon signage and visibility to more than 103,000 vehicles per day enhance exposure and accessibility for occupants and visitors. |
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A premier single-tenant income property prominently positioned along SH 121 in The Colony, offering an attractive combination of stable cash flow, minimal landlord responsibilities, and long-term investment potential in one of the fastest-growing corridors in North Texas. It is currently leased to a single tenant under a five-year NNN lease from October 1, 2026 to September 30, 2031, with Year 1 Net Operating Income of $54,905.40 and annual rent escalations. The NNN lease structure provides investors with predictable income while minimizing ongoing landlord obligations and management responsibilities. The property benefits from direct frontage along SH 121, providing excellent visibility and accessibility. Prominent pylon signage and exposure to more than 103,000 vehicles per day enhance the property's presence and provide valuable branding opportunities for the occupant. Located within the rapidly expanding The Colony / SH 121 corridor, the property is well positioned to benefit from continued population growth, business expansion, and strong demand for commercial real estate throughout the North Texas market.
| Single-Tenant Office Condo with High-end Interior Completed in 2024 |
| 5-Year NNN Lease from 10/1/2026 to 9/30/2031 |
| Year 1 NOI of $54,905.40 with Annual Rent Escalation |
| Stable Passive Income and Minimal Landlord Responsibilities |
| Direct Frontage and Pylon Signage along SH-121 at Prime Location in The Colony |
| Long-Term Appreciation Potential |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Cedar Niles Internal Medicine P.A. | ||
| Fair Deal Realty | ||
| Homewithloan.com | ||
| Yd |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Dallas-Fort Worth International | 21 min | - | 17.5 mi |
| Dallas Love Field | 32 min | - | 25.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 45 |
| Type: | Surface |
| Included in Rent: | Yes |
Elaine Xu, CCIM
Younger Partners Dallas, LLC
Elaine Xu, CCIM
Younger Partners Dallas, LLC
