For Sale
$2,600,000

1201 Arista DrRockwall, TX 75032

High-Yield, Fully Leased Medical Office

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 8,104 square foot medical office building, located at 1201 Arista Dr in Rockwall, Texas, presents a compelling investment opportunity. Built in 2006 and extensively renovated in 2022, the property boasts 100% occupancy with strong, established tenants: Quest Diagnostics, ABA Connect, and Anodyne Pain & Health Group. The building sits on a 26,136 square foot lot and enjoys a prime location across from a Kroger grocery store and strategically near the Texas Health Hospital Rockwall, which recently underwent a significant $100 million renovation and expansion. The property generates a substantial net operating income (NOI) of $156,000 annually, making it an attractive addition to any portfolio. Detailed financial information is available upon request with a signed non-disclosure agreement. This fully leased, high-performing asset offers a stable income stream and significant potential for long-term growth in a thriving Texas market. The property's modern design and recent renovations ensure its continued appeal to tenants and investors alike. The convenient location and strong tenant mix contribute to its exceptional value and investment potential. This is a rare opportunity to acquire a high-quality, fully occupied medical office building in a rapidly growing area. The zip code is 75032.

Highlights

  • $2,600,000 asking price for this 8,104 SF medical office building.
  • 100% occupancy with strong tenants: Quest Diagnostics, ABA Connect, and Anodyne Pain & Health Group.
  • $156,000 annual NOI.
  • Built in 2006, renovated in 2022, situated on a 26,136 SF lot.
  • Located in Rockwall, TX, near Kroger and Texas Health Hospital.

Property Details for 1201 Arista Dr

Property type
Office properties, Medical offices
Square Feet
8,104 SF
Year Built/Renovated
2006/2022

Location Insight

City
Rockwall
County
Rockwall
State
Texas
Latitude
32.88771
Longitude
-96.4716996
1201 Arista Dr, Rockwall, Texas

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1201 Arista Dr
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