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32661539
32661538

1406 West Randol Mill Road, Arlington, TX 76012

AF
CA CA 02062491
Matthews
RC
CA 01986299
Matthews
MM
CA CA 01982943
Matthews
Listed by Matthews
$1,026,667
21 days on market
Updated 21 days ago

1st Choice Healthcare | 7.50% Cap Rate | 10 Y Sale Leaseback

Details
Property Type Office
Sub Type Medical Office
Square Footage 3,500
Cap Rate 7.5%
NOI $77,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 10
Remaining Term 10
Lease Options Three, 5-Year Options
Price per SqFt $293
Year Built 1979
Acreage 0.360
Investment Type Sale/Leaseback
Sale Condition Sale for leaseback

NNN Lease | 3% Ann. Incr | Close Health System Proximity

Marketing description

Matthews Real Estate Investment Services’™ Healthcare Division is pleased to present a unique opportunity to acquire a primary healthcare clinic leased to 1st Choice Healthcare.

Dr. Farley Brown has been operating out of this location since 1986, offering a unique blend of primary care and chiropractic services. For nearly 40 years, he’s been a staple in the community, focusing on injury care, pain management, physiotherapy, rehabilitation, and chiropractic treatment.

The opportunity consists of a 100% fee simple interest in an approximately 3,500-square-foot building situated on a 0.41-acre parcel in Arlington. The property benefits from strong surrounding demographics, with an average household income of roughly $86,000 within a five-mile radius.

Located within the Dallas–Fort Worth metroplex, the fourth-largest MSA in the country, the asset offers investors the chance to own real estate in one of the fastest-growing and most dynamic markets in the U.S.

Upon close of escrow, the tenant will execute a new 10-year NNN lease featuring 3% annual rent increases, creating a compelling, inflation-protected investment opportunity for both local and out-of-state investors.

With the U.S. primary care market exceeding $300 billion and continuing to grow, this offering provides a compelling opportunity to secure stable, long-term income while gaining exposure to one of the largest and most essential segments of healthcare real estate.

Investment highlights

  • Close Hospital Proximity – The facility sits right next to Texas Health Arlington Memorial Hospital, a 369-bed full-service acute-care medical center, providing a strong potential referral base and added strategic value for any future tenant operations.

  • Passive NNN Lease Structure – The tenant will sign a fresh ten-year NNN lease, providing a passive investment vehicle for both local and out-of-state investors and demonstrating its long-term commitment to the location.

  • Expansive Primary Care Market – With the U.S. primary care market exceeding $300 billion and continuing to grow, this offering provides a compelling opportunity to secure stable, long-term income while gaining exposure to one of the largest and most essential segments of healthcare real estate.

  • Affluent Surrounding Demographics – Arlington is a high-income area with average household incomes exceeding $93,000 within a three-mile radius, supporting strong payer mix and long-term demand for healthcare services.

  • Inflation-Protected Cash Flow – The lease features 3% annual rent increases, offering investors built-in income growth and a great hedge against inflation.

  • Recession-Resistant Asset Class – The non-discretionary nature of medical care and its resilience during economic uncertainty have made healthcare real estate a strategic focus for both institutional and private investors nationwide.

  • Largest MSA in Texas – The Dallas–Fort Worth metroplex is the largest metro in Texas and the fourth largest in the U.S., with a population of over 8 million residents.

  • Tax-Free/Top Destination State – Texas is one of nine states with no personal income tax, offering potential tax advantages for investors. According to U.S. Census data, Texas led the nation in net domestic migration in 2024.

  • Established Long-Term Practice – Dr. Farley Brown has operated out of this location since 1994, building a nearly 31-year track record serving the community. His practice focuses on injury care, pain management, physiotherapy, rehabilitation, and chiropractic services, creating a consistent and established patient base.

Listing Contacts

AF
CA CA 02062491
Matthews
RC
CA 01986299
Matthews
MM
CA CA 01982943
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$77,000.00
$6,416.67/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

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Additional Information

Name
Patrick Graham
License
9005919, 528005 (TX)
Brokerage
Matthews Real Estate Investment Services, Inc
Title
Broker of Record
Brokerage Address
2699 Howell St., Suite 400, Dallas, TX 75204
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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