1100 Southlake BlvdSouthlake, TX 76092

This exceptional Class A medical office building, totaling 16,950 square feet, presents a compelling value-add investment opportunity. Situated on a 2.29-acre lot at 1100 E Southlake Blvd in Southlake, Texas, 76092, this single-story building boasts a prime location at the entrance to Southlake Town Square, surrounded by high-end retailers and businesses. Currently 84% occupied, the property offers a strong existing NOI of $291,869 and a projected pro-forma NOI of $377,688, translating to a 5.61% current cap rate and a projected 7.26% pro-forma cap rate. Built in 1998, the property features a Net NNNN lease structure and benefits from built-in rent bumps. The asking price is $5,200,000, representing a price per square foot of $306.78. The high-traffic location on Southlake Blvd sees approximately 62,000 vehicles daily, serving a demographic with average household incomes exceeding $207,000 within a 3-mile radius. The presence of a vacant unit provides immediate value-add potential through reletting or owner-occupancy. This property offers a unique blend of strong existing cash flow and significant upside potential.