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MOB-8% Cap Rate-1031 Exchange Eligible

$1,200,000

1011 West Grove Street, Kaufman, TX 75142

Active
Last Updated: 08/11/2026

7

Cap Rate

6,578 sqft

Building Size

Details:
Cap Rate:    7%
Building Size:    6,578 sqft
Lot Area:    0.456 sqft
Occupancy:    100%
Class:    B
Lease Type:    Double Net
Year Built:    2004
Tenancy:    Single
Floors:    2
Seller Financing:    No
Opportunity Zone:    No
Highlights:
  • 1031 Exchange Eligible
  • 100% Occupied
  • 8% Cap Rate
  • Ample Parking
  • Signage
  • Located in the Medical Corridor
Description:

INVESTMENT OPPORTUNITY: 1031 EXCHANGE ELIGIBLE!
Whether you're a healthcare provider, entrepreneur, or business owner looking for a prime location, this space is ready and adaptable to your needs.Versatile Commercial Space – Former Veterinary Clinic, Ready for Your Vision! Based on the most recent available GIS data from TxDOT and the City of Rowlett's traffic monitor, the AADT typically ranges between 18,000 and 22,000 vehicles per day. Looking for the perfect space to bring your business to life? This commercial property, previously a veterinary clinic, is now available for a variety of uses! With a thoughtfully designed layout, including multiple rooms, private offices, and open areas, this space is ideal for medical practices, professional offices, wellness centers, retail shops, or service-based businesses. Featuring ample parking, a welcoming reception area, signage and flexible floor plan, the property offers endless possibilities. Conveniently located in a high-visibility area, ensuring excellent exposure and accessibility for clients and customers. Don't miss out on this rare opportunity to establish your business in a versatile and well-positioned space! Schedule a tour today and explore the potential!
Investment Highlights:
-Superior Yield: At a 8.5% Cap Rate, this asset outperforms typical DFW medical office trades, which currently average 5.5%–6.25%. 100% Occupied: Zero near-term vacancy risk with a curated mix of healthcare providers essential to the local community.
-Explosive Market Growth: Kaufman County has seen a 36% population increase since 2020. It is currently maintaining a growth rate nearly 10x the national average.
-Strategic Location: Path of Progress: Located in the heart of the Kaufman medical corridor, benefiting from massive regional infrastructure improvements, including the $129M US-175 interchange expansion. Kaufman is no longer a rural outpost; it is a primary suburban hub. With the population of Kaufman County projected to surpass 220,000 this year, the demand for outpatient services is outstripping supply.
-Recession-Proof Asset Class: Medical tenants have a historical retention rate of over 85% and are largely immune to e-commerce and remote-work trends.
-New Infrastructure: Proximity to major logistics and cold-storage developments (like the 121,000 SF project on SH-34) is driving high-income medical professional relocation to the area.
-Limited Supply: New medical construction costs in Texas have risen to $350–$800 SF, making existing stabilized assets like this one a high-value basis play for investors.

Map:
Documents:
Title
Property_Condition_Statement.pdf
IABS_2026.pdf
Offer_Guidelines_and_Instructions.pdf
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Location
Gallery