7217 Telecom PkwyGarland, TX 75044

Property Details for 7217 Telecom Pkwy

Year built

2017

Construction

STEEL FRAME

Lot size

6.61 AC

Property size (Sq ft)

96,253 SF

Zone code

Z239

Property type

Medical offices

Property subtype

Medical centers

APN

26040550010010000

APU

26040550010010000

Description

This exceptional three-story medical office building, totaling 90,938 square feet, presents a fantastic leasing opportunity in Garland, Texas. Located at 7217 Telecom Parkway, in Dallas County, zip code 75044, this property offers immediate access to major roadways, including the President George Bush Tollway (Highway 190) and Telecom Parkway, ensuring high visibility and convenient access for patients and staff. The building currently houses a diverse range of medical tenants, including specialists, diagnostic services, primary care physicians, urgent care facilities, an outpatient imaging center, and a pharmacy, creating a thriving medical environment. The building features multiple convenient drop-off and access points for enhanced patient and tenant experience. Currently, there is 2,578 square feet of vacant space available for lease, with one unit of 1,579 square feet immediately available. This is an ideal location for a medical practice seeking high visibility and convenient access in a well-established medical center. The building's multi-tenant structure provides a collaborative and supportive atmosphere. This property offers a unique opportunity to establish or expand your medical practice in a thriving Garland community. The building's strategic location and established tenant base make it an attractive investment for any medical professional.

• CAP approach

  CAP return

  Valuation

  6%

  $20,208,100

  6.5%

  $18,653,600

  7%

  $17,321,200

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,843,500

  Geo Method

  $11,581,200

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $37,133,000

  Retail / Commercial

  $18,961,700

  Mixed-Use / Specialty

  $18,831,100

  Hospitality / Lodging

  $13,733,800

  Institutional / Educational

  $19,554,200

  Residential Income

  $22,878,400

  Multifamily

  $27,788,400

  Automotive / Energy

  $16,760,800

  Parking / Income-Based Land

  $5,846,160

  Restaurant / Food Service

  $9,659,760

  Healthcare / Senior Housing

  $19,375,500

Location Insight

City

Garland

County

Dallas

State

Texas

Latitude

32.9818

Longitude

-96.6622

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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