Colliers International is pleased to present a great opportunity to purchase a Single-Tenant Medical Office building at 4801 S Buckner Blvd in Dallas. The subject property of 27,942 square feet was recently built in 2004 of high-quality construction. The building offers a well-established tenant base with strong history at the property, currently on a 10-year NNN lease with 2 percent annual rent increases and without a termination option. After the lease expires, the current tenant, TED Ventures, has two (2), five-year renewal options. This building poses an excellent investment opportunity offering a secure, stable investment with minimal landlord responsibilities.
Attractive Medical Office Building –Established Medical Tenant with Strong NOI
Stable Property with Secure Long-Term Tenant
Unparalleled Location with Tremendous Access and Visibility from Buckner Boulevard, Delivering a Traffic Count Exceeding 33,000 Vehicles Per Day
Situated in a High Growth Area with Many New Developments in the Immediate Vicinity
Tenant on NNN 10 Year Lease –Minimal Landlord Responsibility
Dense Population Corridor: 333K+ People within Five Miles