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6330 Broadway Blvd

3,252 SF Office/Retail Unit Offered at £612,258 in Garland, TX 75043

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Investment Highlights

Medical Tenants
15 minutes from Downtown Dallas

Directly off I-30
Few Landlord Responsibilities

Executive Summary

Medical Tenants with few Landlord responsibilities Great Access to I-30 (148,000 VPD) and sits on Broadway Blvd (27,000 VPD) Great Parking and Signage facing Broadway Consistent growth through the Eastern Suburbs of Dallas, TX Motivated Seller

Offering Memorandum
Operating and Financials

Property Facts

Price	£612,258	Building Class	C
Unit Size	3,252 SF	Number of Floors	1
No. Units	1	Typical Floor Size	3,252 SF
Total Building Size	3,252 SF	Year Built	1982
Property Type	Office (Unit) Office Medical	Lot Size	0.65 AC
Sale Type	Investment	Sale Conditions	Portfolio Sale

Price	£612,258
Unit Size	3,252 SF
No. Units	1
Total Building Size	3,252 SF
Property Type	Office (Unit) Office Medical
Sale Type	Investment
Building Class	C
Number of Floors	1
Typical Floor Size	3,252 SF
Year Built	1982
Lot Size	0.65 AC
Sale Conditions	Portfolio Sale

1 Unit Available

Unit B & C

Unit Size	3,252 SF	Sale Type	Investment
Price	£612,258	Net Initial Yield	7.47%
Price Per SF	£188.27	NOI	£45,735.65
Unit Use	Office/Retail	Sale Conditions	Portfolio Sale

Unit Size	3,252 SF
Price	£612,258
Price Per SF	£188.27
Unit Use	Office/Retail
Sale Type	Investment
Net Initial Yield	7.47%
NOI	£45,735.65
Sale Conditions	Portfolio Sale

Description

Condo B is a medical spa with a classic office layout. Recently renovated. Condo C is a current medical clinic. All Tenants in the Condo are Service or Medical tenants

Sale Notes

Colonial is pleased to present a unique opportunity to acquire a stabilized Cash Flowing asset with two tenants that have just exercised a 3- and 5-year lease, respectively. Condo B is leased to a medical spa that has a strong operating history. Condo C is leased to ELITE Health and Wellness. This property offers simple returns and few landlord responsibilities. The Condominium Association covers all the common area costs and property insurance. The tenants reimburse the utilities and CA Fees (Only Suite B). Leaving the landlord with only property tax expense.