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30051198
30051199

432 N Shiloh Rd, Garland, TX 75042

SV
TX 809846
Matthews
KM
TX 742093
Matthews
JB
TX 688810
Matthews
Listed by Matthews
$1,250,000
94 days on market
Updated 51 days ago

Value-Add Opportunity - Office/Retail

Details
APN 26673500020010000
Property Type Retail, Office (+1)
Sub Type Day Care/Nursery, Medical Office (+1)
Square Footage 8,700
Net Rentable (SqFt) 8,700
Tenancy Vacant
Brand/Tenant Fresenius Kidney Care, The Learning Experience (+1)
Price per SqFt $144
Year Built 1973
Year Renovated 2013 / 2020
Buildings 1
Stories 2
Acreage 0.760
Zoning Commercial
Investment Type Value Add

Value-Add or Owner/User Opportunity

Investment highlights

  • Well Located – Positioned next to the intersection of North Shiloh Road and West Walnut Street, benefiting from traffic counts exceeding ±47,100 vehicles per day and offering exceptional visibility and convenient access.

  • Attractive Value-Add Opportunity – Area market rents reflect roughly $23/SF supporting a projected pro forma NOI of approximately $200,000, which presents meaningful upside potential for investors through lease-up or repositioning strategies.

  • Versatile End-User Potential – Ideal for childcare, medical office, traditional office, or religious use, providing flexibility for both owner-occupants and investors seeking adaptable space.

  • Extensively Renovated Property – Originally renovated in 2013, the building underwent a major conversion in 2020 from medical office to a childcare facility. Additional improvements in 2023 included the addition of a classroom and indoor play area, enhancing functionality and appeal.

  • Established Retail / Office Corridor – Surrounded by national and regional operators such as CVS, Church’s Chicken, DaVita, and Fresenius Medical Care, contributing to strong daily traffic and area stability.

  • Operating Childcare with Flexible Acquisition Options – Currently operating as a childcare facility and available for purchase with or without enrolled students. Enrollment data and financial information available upon request.

  • Efficient and Flexible Layout – Approximately ±6,700 SF on the first floor plus an additional ±2,000 SF on the second floor, allowing for operational separation, expansion, or multi-tenant configurations.

  • Near Major Medical Demand Driver – Located in close proximity to the Garland VA Medical Center, supporting ongoing demand from medical and service-oriented users.

  • Strong Demographics – Situated within a dense and established trade area of more than 366,446 residents within a five-mile radius, with average household incomes exceeding $110,381, providing a robust customer base and workforce.

Listing Contacts

SV
TX 809846
Matthews
KM
TX 742093
Matthews
JB
TX 688810
Matthews
Listed by Matthews

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Additional Information

Name
Patrick Graham
License
528005, 9005919 (TX)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
2699 Howell St., Suite 400, Dallas, TX 75204
Name
Spencer Vise
License
809846
Title
TX
Brokerage Address
8300 Douglas Avenue
Name
Kevin McKenna
License
742093
Brokerage Phone
2077524898
Name
Josh Bishop
License
688810
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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