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Melissa Dental and Goldfish Pediatrics 2302 Sam Rayburn Hwy

6,938 SF 100% Leased Office Building Melissa, TX 75454 £2,148,669 (£310/SF) 6.25% Net Initial Yield

Investment Highlights

  • RARE NEW 15-YEAR NNN LEASE EXTENSION PENDING | 11 YEAR WEIGHTED AVG LEASE TERM | MB2, is in the process of executing a new 15-year NNN lease
  • IDEAL LOCATION | PROXIMITY TO NATIONAL TENANTS | MAJOR RETAILERS EXPANDING INTO MELISSA | NEW WALMART AND HEB STORES
  • BOOMING DEVELOPMENT | CLOSE PROXIMITY TO NEW MULTI-FAMILY AND SINGLE-FAMILY RESIDENTIAL DEVELOPMENTS
  • MB2 (700+ LOCATIONS) | DSO TENANCY | CORPORATE LEASE | 1,500+ DOCTORS | SUCCESSFUL OPERATING HISTORY
  • TOP GROWING CITY IN NORTH TEXAS | EXPONENTIAL GROWTH | 64% INCREASE
  • GOLDFISH PEDIATRICS AND URGENT CARE | NNN LEASE | 100% MEDICAL TENANCY | 6 YEARS REMAINING

Executive Summary

Patrick Graham
License No. 9005919 (TX)

Attachments

Melissa Dental and Ortho - Melissa, TX - OM

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,938 SF
Building Class
A
Year Built
2018
Price
£2,148,669
Price Per SF
£310
Net Initial Yield
6.25%
NOI
£134,292
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
6,938 SF
Building FAR
0.21
Lot Size
0.75 AC
Zoning
C-2
Parking
33 Spaces (4.76 Spaces per 1,000 SF Leased)

Links

1 of 1
(818) 923-6366

Contacts

  • Listing ID: 34235244

  • Date on Market: 18/12/2024

  • Last Updated:

  • Address: 2302 Sam Rayburn Hwy, Melissa, TX 75454

The Office Property at 2302 Sam Rayburn Hwy, Melissa, TX 75454 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

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Melissa Dental and Goldfish Pediatrics | 2302 Sam Rayburn Hwy
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Antonio Diona

(818) 923-6366

(818) 923-6366

Thor St John

(310) 955-1774

(310) 955-1774

Michael Moreno

(949) 432-4511

(949) 432-4511

Rahul Chhajed

(818) 434-1106

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