

114 Sproles
Medical Office | 6.75% CAP | 8,942 SF
Marketing description
114 Sproles Drive presents a rare opportunity to acquire a stabilized, income-producing medical office asset in one of the fastest-growing corridors of Southwest Fort Worth. This 8,942-square-foot, single-story building is 100% occupied and anchored by Texas Health Resources, a dominant regional healthcare system with a long-standing presence at the property, delivering reliable tenancy and consistent patient-driven traffic.
The property offers durable, predictable cash flow supported by investor-favorable lease structures, including NNN and expense-protected leases designed to hedge against rising operating costs. With a weighted average lease term of approximately 3.8 years and built-in rent escalations, investors benefit from both near-term income stability and future growth potential.
Purpose-built for medical use, the building features a highly functional layout, efficient patient flow, and a strong parking ratio of 5.2 per 1,000 SF, enhancing tenant retention and long-term usability. Recent capital improvements and suite renovations further position the asset as a modern, community-focused healthcare destination.
Strategically located just off U.S. Highway 377 with immediate access to Interstate 20, the property offers exceptional visibility and connectivity within a rapidly expanding retail and residential corridor. Surrounded by significant population growth, new master-planned communities, and ongoing commercial development, 114 Sproles Drive is well-positioned to capitalize on increasing demand for outpatient medical services in the West Fort Worth market.
With a strong healthcare anchor, complementary tenancy, and embedded upside through future lease conversions to full NNN structures, this asset represents an attractive blend of stability, growth, and long-term value creation.
Investment highlights
- 100% occupied, single-story medical office building
- Anchored by Texas Health Resources
- NNN and expense-protected lease structures
- Weighted average lease term of approximately 3.8 years
- Built-in rent escalations
- Parking ratio of 5.2 per 1,000 SF
- Recent capital improvements and suite renovations
- Located just off U.S. Highway 377 with immediate access to Interstate 20
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