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