1501 Airport RdRockwall, TX 75087

Property Details for 1501 Airport Rd

Lot size

0.47 AC

Property type

Land

Property subtype

Commercial land

APN

S4296-000A-0004-00-0R

APU

S4296000A0004000R

Description

This exceptional 7,768-square-foot office building, constructed in 2024, is situated on a 0.47-acre lot at 1501 Airport Rd, Rockwall, TX 75087. The property boasts a strong, seven-year lease with Action Behavior Centers Therapy, LLC, a well-established company with 90+ locations and over $150 million in revenue. The lease includes a 2% annual rent increase, providing consistent income growth. A single, five-year renewal option at market rate further secures long-term investment potential. The building is zoned for commercial use and offers 28 parking spaces. The property's Net Operating Income (NOI) is $279,648. This versatile space is suitable for various office uses, including creative, medical, and traditional office settings. The building's modern design and prime location in Rockwall County make it an attractive investment opportunity. The property is offered as a single-tenant, NNN lease. This is a rare opportunity to acquire a high-performing asset with a secure, long-term tenant in a thriving Texas market. The tenant's financial strength and established presence contribute to the property's exceptional investment value. This property is perfect for investors seeking stable income and long-term growth.

Location Insight

City

Rockwall

County

Rockwall

State

Texas

Latitude

32.9265

Longitude

-96.4412

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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