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29726014
29726015

2210 Paddock Way Dr, Grand Prairie, TX 75050

AD
TX TX 843444
JJ
TX 651497
Marcus & Millichap - Dallas
Listed by Marcus & Millichap - Dallas
$2,875,000
121 days on market
Updated 3 days ago

2210 Paddock Way

Details
Property Type Office
Sub Type Medical Office
Square Footage 12,750
Net Rentable (SqFt) 12,750
Units 2
Cap Rate 1.66%
NOI $47,596
Occupancy 19%
Tenancy Multi
Brand/Tenant Prime Diagnostics
Lease Type NNN
Pro-Forma Cap Rate 8.7%
Pro-Forma NOI $250,201
Price per SqFt $225
Class B
Year Renovated 2009
Buildings 1
Stories 1
Acreage 1.570
Investment Type Owner/User

Medical Office | Value Add | 12,750 SqFt | Owner User

Marketing description

Marcus & Millichap is pleased to present the opportunity to acquire a vacant
12,750-square-foot medical office building located at 2210 Paddock Way Drive in Grand
Prairie, Texas. The offering represents a compelling owner-user opportunity, allowing
a medical operator to secure immediate occupancy and full control of a well-positioned
medical facility. The offer includes only the medical office building and its associated
land footprint; the seller is retaining the adjacent rear vacant land parcel, which is not
included in the purchase.
The asset benefits from strong medical adjacency, located near a Baylor Scott & White
Family Medical Center, reinforcing the property’s placement within an established
healthcare corridor. This proximity supports patient convenience, referral activity, and
long-term operational viability for outpatient and specialty medical users.
Strategically positioned with excellent regional connectivity, the property provides direct
access to Interstate 30 and State Highway 360, two of the Dallas–Fort Worth metroplex’s
primary transportation arteries. This location allows for efficient access for patients,
physicians, and staff throughout Grand Prairie, Arlington, Irving, and surrounding
markets. Additionally, the property benefits from close proximity to Dallas/Fort Worth
International Airport, enhancing accessibility for regional providers and visiting
specialists.
With its vacant status and functional footprint, the building is well suited for single-tenant owner-user occupancy, multi-tenant outpatient use, or a customized medical
configuration. The property offers flexibility for an owner-user to tailor the space
and establish a long-term presence within a centrally located Grand Prairie medical
submarket

Investment highlights

  • Vacant 12,750-Square-Foot Medical Office Building Offering Immediate Occupancy

  • Ideal Owner-User Opportunity with Full Building Control and Customization Flexibility

  • Offering Includes the Medical Office Building and Dedicated Land Footprint Only; Adjacent Rear Vacant Land Parcel is Excluded

  • Proximate to Baylor Scott & White Family Medical Center, Supporting Medical Synergies

  • Strategic Access to Interstate 30 and State Highway 360, Providing Excellent Regional Connectivity

  • Close Proximity to DFW International Airport, Enhancing Regional Accessibility

  • Flexible Building Configuration Suitable for Single-Tenant or Multi-Tenant Medical Use

  • Within close proximity to the Arlington entertainment and employment district, including AT&T Stadium and Six Flags Over Texas, supporting daytime traffic and medical demand

Listing Contacts

AD
TX TX 843444
JJ
TX 651497
Marcus & Millichap - Dallas
Listed by Marcus & Millichap - Dallas

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$47,596.00
$3,966.33/mo

Valuation Metrics

0
DSCR
1.66%
Cap Rate
1.66%
ROI

Map

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Additional Information

Name
Tim Speck
License
TX 9002994
Title
Broker of Record
Name
Alyssa Difilippo
License
TX 843444
Brokerage
Marcus & Millichap
Brokerage Phone
972-755-5317
Title
Associate Investments
Brokerage Address
5001 Spring Valley Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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