7309 Cyn Park DrFort Worth, TX 76123

Property Details for 7309 Cyn Park Dr

Year built

2023

Property size (Sq ft)

4,467 SF

Property type

Office properties

Property subtype

Medical offices

Description

This exceptional Class A medical office building, constructed in 2023, presents a compelling investment opportunity in the thriving South Fort Worth market. The property, located at 7309 Canyon Park Dr, Fort Worth, TX 76123, boasts 4,467 square feet and is situated on a single story building. Currently 100% occupied by Behavioral Innovations under a 7-year Net Lease (NNN) agreement commencing March 1, 2024, and expiring March 1, 2030, leaving a substantial 6-year remaining lease term. The lease includes annual rent increases, ensuring consistent income growth. The property generates a strong Net Operating Income (NOI) of $111,630, translating to an attractive 6.30% capitalization rate. This single-tenant, investment-grade property is ideal for 1031 exchange buyers seeking a stable, high-return asset in a rapidly developing area. The building's modern design and prime location make it an exceptional investment opportunity with significant long-term potential. The asking price is $1,771,910. This is a rare chance to acquire a newly constructed, fully leased medical office building with a proven tenant in a desirable location.

Location Insight

City

Fort Worth

County

Tarrant

State

Texas

Latitude

32.6338

Longitude

-97.4074

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