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29091989
29091988

1801 S Trinity St, Decatur, TX 76234

JK
Fry Realty
TF
0485498
Fry Commercial
Listed by Fry Realty, Fry Commercial
$1,323,000
150 days on market
Updated 7 days ago

Medical Building - Decatur Texas

Details
Property Type Office
Sub Type Medical Office
Square Footage 5,500
Net Rentable (SqFt) 5,500
Units 3
Tenancy Multi
Lease Type NNN
Lease Term 5
Lease Expiration 11/29/2031
Remaining Term 5
Rent Bumps Yes
Pro-Forma Cap Rate 7.30%
Pro-Forma NOI $121,000
Price per SqFt $241
Broker Co-Op Yes
Class B
Year Built 2026
Buildings 1
Stories 1
Zoning Commercial Office
Parking Spaces 27 per 1,000 sq ft
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 11/30/2026
Occupancy Date 11/30/2026
Ownership Individual

Office | 5,500 SqFt

Marketing description

This new medical building is under construction in the high growth area of Decatur Texas, and is ready for Teanant finish-out in July 2026. The national healthcare giant, HCA’s Medical City, has recently opened a major hospital facility 5 minutes away. The City of Decator has built a new police station and new fire station within 1 block of this location, investing $45 mil in these facilities. The city is investing $65 mil in a new waste water infrastructure to handle the growth of the area. The 1895 Wise County Courthouse anchors the downtown area and was beautifully restored at a cost of $15 mil. Pre-leasing for the new owner will begin in March. Pictures are for similar property located at 3418 N Tarrant Pkwy, Ft. Worth, TX

Investment highlights

  • 7%+ CAP Rate

  • New Construction

  • High Quality Materials

  • Successful Builder of multiple Medical Plazas in Denton and Ft. Worth

  • Limited competition in the area

  • High growth area between Wichita Falls and Denton

Listing Contacts

JK
Fry Realty
TF
0485498
Fry Commercial
Listed by Fry Realty, Fry Commercial

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