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34579008
34579007

4803 Wesley Street, Greenville, TX 75401 For Sale

DE
TX 370006
Ridge Pointe Commercial Real Estate
Listed by Ridge Pointe Commercial Real Estate
Unpriced
0 days on market
Updated 0 days ago

4803 Wesley Street

Details
Property Type Office
Sub Type Medical Office
Square Footage 12,579
NOI $280,000
Occupancy 100%
Tenancy Multi
Brand/Tenant Texas Health Resources, Athletico Physical Therapy (+2)
Lease Type NNN
Class A
Year Built 1985
Year Renovated 2022
Stories 1
Acreage 0.707
Investment Type Stabilized

4803 Wesley Street, Greenville, TX 75401

Marketing description

4801-4805 Wesley St offers an exceptional real estate acquisition opportunity in the rapidly expanding healthcare sector of North Texas, featuring a 12,579 SF single-story medical office building positioned on 0.707 Net Acres at the high-traffic intersection of Wesley Street and Joe Ramsey Boulevard. Built in 1985 and comprehensively renovated in 2022, this fully stabilized asset delivers secure, predictable cash flow as it is 100% occupied under NNN leases by four prominent medical tenants: Texas Health Resources, Athletico Physical Therapy, Lake Pointe Spine and Pain Management, and North Star Diagnostic Imaging. The property generates an approximate Net Operating Income (NOI) of $280,000 and is strategically integrated into Greenville's primary medical ecosystem, situated less than one mile from the 201-bed Hunt Regional Medical Center. Commanding exceptional exposure with daily traffic counts reaching 28,013 VPD on Joe Ramsey Blvd, the asset benefits from robust retail synergy right next to Super 1 Foods and Walmart Neighborhood Market, excellent accessibility just 30 minutes from Downtown Dallas via I-30, and favorable local demographics featuring an average household income exceeding $101,900 within a 5-mile radius.

NEQ of Wesley St & Joe Ramsey Blvd with direct access to I-30 and proximity to Hunt Regional Medical Center in Greenville, Texas.

Listing Contacts

DE
TX 370006
Ridge Pointe Commercial Real Estate
Listed by Ridge Pointe Commercial Real Estate

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$280,000.00
$23,333.33/mo

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