4150 Collins StArlington, TX 76005

For Sale
$2,593,173
High-yield, NNN-leased medical building.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional Class A medical office building, totaling 4,000 square feet, presents a compelling investment opportunity. Located at 4150 N Collins St, Arlington, TX 76005, within the Viridian Medical Park, this single-tenant property boasts excellent visibility and accessibility. The building, constructed in 2018, is currently 100% occupied by Wound Care hyperbarics under an absolute NNN lease with a remaining term of approximately 3.9 years (expiring October 1, 2028). The lease commenced October 1, 2020, and features built-in 3% annual rent bumps, ensuring consistent income growth. The property offers a strong net operating income (NOI) of $162,073, translating to a 6.25% cap rate and a price per square foot of $648.29. The asking price is $2,593,173. This is a single-story building with exceptional access and visibility in a thriving medical community. The investment presents a secure, passive income stream with significant potential for long-term appreciation. This is a rare opportunity to acquire a high-quality, net-leased medical office building in a prime location. The property's strong tenant, favorable lease terms, and attractive financial metrics make it an ideal addition to any diversified investment portfolio.

Property Details for 4150 Collins St

Property type
Office properties, Medical offices
Square Feet
4,000 SF
Class
A
Year Built
2018
Buildings
1
Stories
1
Units
1

Location Insight

City
Arlington
County
Tarrant
State
Texas
Latitude
32.8029736
Longitude
-97.0991863
4150 Collins St, Arlington, Texas

FAQs

What type of property is this?
Office property - High-yield, NNN-leased medical building.
Where is the office property located?
The property is located at 4150 Collins St Arlington, TX.
What is the asking price?
The asking price for this property is $2,593,173.
How can I contact the broker?
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4150 Collins St
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