Listed by Wells Asset Management Inc
$2,995,000
Osler Medical Plaza
Details
Property Type Office
Sub Type Executive Office, Medical Office
Square Footage 21,072
Units 9
Cap Rate 6.72%
NOI $201,148
Occupancy 100%
Tenancy Multi
Lease Type NNN
Class B
Year Renovated 2020-2024
Grand Prairie MOB, Prime Renovations Completed
Marketing description
Campus Style Feel for Medical and Office Tenants
Prime Renovations recently done including New Roof, New HVAC, Electrical, & Plumbing
Strong investment upside with rent increases with near term lease expirations
Strong Free Cash Flow with Minimal Capex & Repairs
Investment highlights
Timber Oaks Medical Plaza is located across from Grand Prairie Hospital.
Entrenched location for Medical Office Tenants
Prime renovations recently including new roof, new HVAC, electrical & plumbing
Strong free cash flow with minimal capex & repairs
Rent increases for near term lease expirations
Listing Contacts
Listed by Wells Asset Management Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$201,148.00
$16,762.33/mo
Valuation Metrics
0
DSCR
6.72%
Cap Rate
6.72%
ROI
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