JUST CLOSED | Staggerwing Medical Office Bldg. | Arlington, TX

Staggerwing Net Leased Medical Office

Arlington, TX (August 1, 2017) –

A 33,483 square foot Net Leased Medical Office Building – Arlington, TX has sold for an undisclosed amount.

Highlights

  • NNN Leased Medical Office Bldg in DFW – 100% Leased – Increases in Prim. Term
  • Strong Location – ½ Mile South of I-20 (150K+ VPD) – Along S. Collins St. (42K+VDP)
  • Near Numerous Medical Facilities (USMD Hosp., JPS Diagnostics and Surgery Hosp.)
  • Densely Populated Texas Location – 5 Mile Population over 320K
  • NNN Lease with Varying Terms Remaining (3-5 Yrs) – Multiple Guaranties on Leases
  • Debt Must Assumed: $1.77M Loan Balance with 4.375% Interest Rate

The Seller was represented by Ken Wimberly, CCIM of KW Net Lease Advisors, a Texas based investment real estate brokerage & advisory firm.

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