1605 N Garland N Avenue, Garland, Texas 75040

$1,965,000
List Price
$1,965,000
MLS#
20488257
Status
ACTIVE
Type
Commercial
Year Built
1983
Construction Status
Preowned
Acres
0.83
County
Dallas
City
Garland
Subdivision
Golden Meadows 03

Property Description

This Corporate Medical Building, Located at 1605 N. Garland Avenue, Garland, Texas 75040, is in an ideal location to take Advantage of Its Visibility Due to a High Traffic Count of Approximately 28,000 Vehicles Per Day and Nearby I-30. Built in 1983 and Updated in 2019-2022, the Property Includes New Ac Units, a Perimeter Board on board Fence and a Monument Sign. With 7,283 Sf Available for 100% Leasing Revenue. This Location Represents an Excellent Opportunity to Leverage Immediate Returns. 145 Feet of Road Frontage; Heavy Daytime Traffic; Updated Utilities and Exterior Features; Building Partially Renovated 2019; Lots of Daylight; Currently at 100% occupied with two dentists and one clinical medical laboratory; Two Ac Units New 2022 Video available at LoopNet

Additional Information

Unexempt Taxes
$21,623
Total Annual Expenses
Insurance, Maintenance Grounds, New Tax
Gross Annual Expenses
61905
Gross Annual Income
175905
Planned Development
PD, Garland - GDC Zoning: PD 82-17
Tenant Pays
All Utilities, Cable TV, Common Area Maintenance, Electricity, Gas, Grounds Care, Insurance, Janitorial Service, Pest Control, Repairs, Security, Sewer, Taxes, Trash Collection, Water
Lot Size
36,329
Acres
0.83
Lot Description
Interior Lot, Lrg. Backyard Grass, Many Trees, Sprinkler System
Subdivided
No
Handicap Yn
Yes
Flooring
Carpet, Laminate, Tile
Foundation
Slab
Roof
Composition
Building Stories
1
Ceiling Height Type
8 to10 Feet
Street Utilities
Cable Available, City Sewer, City Water, Concrete, Curbs, Electricity Available, Septic, Sidewalk
Heating Cooling
Central, Electric
Construction Material
Brick, Siding
Parking Garage
Additional Parking, Common, Concrete
Road Frontage Desc
City Street, Curbs/Gutters
Possession
Closing/Funding, Negotiable
Building Sq. Ft.
7283
Number of units
3
Leasable Sq Ft
7283
Occupancy Rate
100
Building Use
Medical, Office
Zoning
PD, Garland - GDC Zoning: PD 82-17
Possession
Closing/Funding, Negotiable

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Alex Acuna from Keller Williams Central. Contact: 214-728-9907