Listed by Summit Real Estate
$3,455,000
Total Point Urgent Care
Details
Property Type Retail, Office
Sub Type Medical Office
Square Footage 3,360
Cap Rate 7.25%
NOI $250,476
Tenancy Single
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 04/30/2044
Remaining Term 17.9
Rent Bumps Yes
Lease Options 4 x 5 Years
Year Built 2024
Acreage 0.540
Investment Type Net Lease
Lease Commencement 05/28/2024
Absolute NNN Lease | 18 Years Remaining | 190,402 Vehicles per Day
Investment highlights
- Absolute NNN lease - zero landlord responsibilities.
- 18 years remaining on the lease, providing long-term income stability and predictable cash flow.
- The property is strategically positioned within a high-traffic retail corridor anchored by a Walmart Supercenter, one of the strongest traffic drivers in the Mansfield trade area.
- Average household income of $135,408 within the 3-mile radius
- 172,051 residents within a 5-mile radius, with population expected to grow at 1.50% annually over the next five years
- Combine traffic counts along US 287 and N Walnut Creek Dr exceed 109,000 Vehicles per Day
- Strategically positioned along N. Walnut Creek Drive in Mansfield, Texas, US Hwy 287 and N. Walnut Creek Drive report combined traffic counts of 116,004 vehicles per day
- Median home value of $485,300— signals an affluent, stable residential base surrounding the property
- The City of Mansfield has entered into an agreement with REV Sports Management and FC Dallas for a multi-use stadium Mansfield — major anchor development driving long-term foot traffic and residential growth
- U.S. News placed Mansfield on its Best Places to Live 2025 ranking Mansfield — great credibility line for any investor
Listing Contacts
Listed by Summit Real Estate
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$250,476.00
$20,873.00/mo
Valuation Metrics
0
DSCR
7.25%
Cap Rate
7.25%
ROI
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