7217 Telecom PkwyGarland, TX 75044

  • Healthcare properties
  • 96,253 SF
For Lease

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
Healthcare properties
Property subtype
Medical offices
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,830,648
    6.5%
    $16,459,060
    7%
    $15,283,413
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,843,491
    Geo Method
    $11,581,161
  • Alternative Use

    Use
    Valuation
    Residential
    $20,409,234
    Hospitality
    $18,694,750
    Educational
    $15,553,812
    Medical
    $16,088,732
    Retail
    $24,194,818
7217 Telecom Pkwy, Garland, Texas

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$572,048
$2,879,320
$22,120,680
$25,000,000
-
$2,879,320
$22,120,680
$25,000,000

FAQs

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