6330 Broadway BlvdGarland, TX 75043

For Sale
$775,000
High-yield medical investment, Texas.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity presents two medical office condos totaling 3,252 square feet, situated on a 0.65-acre lot at 6330 Broadway Blvd, Garland, TX 75043. The property boasts a 7.47% cap rate and a strong net operating income (NOI) of $57,929, reflecting a stabilized cash flow investment. Currently 100% occupied by two tenants, one a medical spa and the other ELITE Health and Wellness, both recently extended their leases (one for 3 years, the other for 5 years), ensuring long-term income stability. The modified lease structure includes tenant responsibility for utilities (Suite B only) and common area fees (Suite B only). The condominium association manages common area costs and property insurance, minimizing landlord responsibilities. Built in 1982, this single-story building benefits from excellent visibility and ample parking, situated on Broadway Blvd (27,000 vehicles per day) with convenient access to I-30 (148,000 vehicles per day). The property is zoned CR and offers significant potential for continued growth within the expanding Eastern Dallas suburbs. The asking price is $775,000, translating to $238.31 per square foot. This is a rare opportunity to acquire a low-maintenance, high-return medical investment property in a prime Garland location.

Highlights

  • Two medical office condos totaling 3,252 sq ft, 100% occupied with long-term leases.
  • Excellent location on Broadway Blvd (27,000 VPD) with easy I-30 access (148,000 VPD).
  • Ample parking and prominent Broadway Blvd signage.
  • Strong investment opportunity in a high-growth area of Garland, TX.
  • Motivated seller.

Property Details for 6330 Broadway Blvd

Property type
Retail properties, Medical space
Square Feet
3,252 SF
Year Built
1982
Buildings
1
Stories
1
Lot Size (sq. ft)
28,314 SF
Units
2

Location Insight

City
Garland
County
Dallas
State
Texas
Latitude
32.837386673883
Longitude
-96.595537068234
6330 Broadway Blvd, Garland, Texas

FAQs

What type of property is this?
Retail property - High-yield medical investment, Texas.
Where is the retail property located?
The property is located at 6330 Broadway Blvd Garland, TX.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Two medical office condos totaling 3,252 sq ft, 100% occupied with long-term leases.; Excellent location on Broadway Blvd (27,000 VPD) with easy I-30 access (148,000 VPD).; Ample parking and prominent Broadway Blvd signage.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
6330 Broadway Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message