919 Medical Drive
Retail | 7.12% CAP | 19,685 SqFt
Marketing description
Marcus & Millichap is pleased to present 919 Medical Drive, a fully leased medical outpatient investment located in Allen, Texas. The Property is 100 percent occupied by Action Behavior Centers, one of the nation's leading providers of autism therapy, and is secured by a 10-year Triple Net (NNN) lease with approximately seven years of remaining term. The lease structure minimizes landlord responsibilities while providing stable, predictable cash flow backed by a growing healthcare operator. Offered at a 7.12 percent Day One Cap Rate, the Property presents investors with an opportunity to acquire a high-quality, passive medical asset supported by the resilient outpatient healthcare sector.
Strategically positioned within one of the Dallas-Fort Worth Metroplex's fastest-growing communities, the Property benefits from Allen's exceptional demographics, sustained population growth, and increasing demand for specialized outpatient medical services. The surrounding area continues to experience strong residential and commercial development, creating a deep and expanding patient base for healthcare providers. Combined with the strength of the tenant, long-term lease term, and favorable healthcare market fundamentals, 919 Medical Drive represents an attractive opportunity to acquire a stabilized net-leased medical investment with durable long-term income potential.
Investment highlights
- Leading Healthcare Tenant: One of the Nation's Premier Autism Therapy Providers with a Strong Regional and National Presence
- Long-Term Triple Net Lease: Approximately Seven Years of Remaining Lease Term Provides Stable Cash Flow with Limited Landlord Responsibilities
- Attractive Day One Yield: Offered at a 7.12 Percent Cap Rate with Predictable Income from a 100 Percent Leased Asset
- Strong Allen Demographics: Located in One of the Fastest-Growing Communities in the Dallas-Fort Worth Metroplex with Excellent Population Growth and Household Incomes
- Growing Outpatient Healthcare Market: Positioned to Benefit from Increasing Demand for Specialized Medical Services in a High-Growth North Texas Market
- Buyer has ability to collect management fee billed back to tenant: Current ownership collects management paid for by tenant for landscaping, property upkeep etc.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?















