List Search

5800 Coit Rd
Plano, TX 75023 Plano

$15,069,766 USD

Medical For Sale  •  35,430 SF

Property Details

  • Property Type Medical
  • Total Building Size 35,488 SF
  • Lot Size 3.02 AC
  • Building Class B
  • Year Built 2000
  • Cap Rate 6.50 %
  • Tenancy Multiple
  • Zoning 0-M
26 Transit Score
59 Walk Score

Highlights

Elite Medical Tenancy - Long-standing providers with recently upgraded interiors represent the top tier of practitioners in the North Dallas submarket
Passive Income & Growth - The asset is secured by Triple Net (NNN) leases featuring annual 2% rent escalations and an attractive 6.0-year WALT
Affluent Demographics - Located in the upper end residential neighborhood where home values range from $1.5M-$7M
Exceptional Visibility & Accessibility - Fronting Coit Road with traffic volumes exceeding 38,000 VPD
Rapid Growth & Regional Dominance - Located in the nation’s 4th largest MSA, the property serves a vast population of 1.2 million in a 10-mile radius
Institutional-Quality Asset with Upside - A highly functional, best-in-class design, with very limited submarket competition

Property Flyers

Cap Rate: 6.50 %

Amenities

  • Bus Line
  • Signage

Public Transportation

AirportDriveWalkDistance
Dallas Love Field 32 min - 21.8 mi
Dallas-Fort Worth International 35 min - 25.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 171
Type: Surface
Included in Rent: Yes
Alex Vidal 925-212-7254 Acuity Private Capital
Alex Vidal 925-212-7254 Acuity Private Capital