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Dallas, TX - Trinity Medical Center

$4,680,000

1190 N. Haskell Avenue, Dallas, TX 75204

Active
Last Updated: 01/31/2025

6.25

Cap Rate

292,500

NOI

Details:
Cap Rate:    6.25%
NOI:    $292,500
Building Size:    5,850 sqft
Lot Area:    0.6 acres
Occupancy:    100%
Year Built:    2004
Zoning:    PD
Year Last Renovated:    2023
Description:

• The tenant recently signed a brand new 10-year lease with 1 (3-year) option to extend
• The lease features 3% annual rental increases throughout the initial term and at the beginning of each option to extend, demonstrating their commitment to the site
• The price/sf is below replacement cost

• Trinity Medical Center is strategcially fronting N. Haskell Ave averaging 19,100 VPD
• Less than 2 miles from I-345 (335,000 VPD) and I-30 (202,000 VPD), providing users with the ease of direct on/off ramp access to the site and surrounding trade area
• The immediate trade area is supported by retailers such as ALDI, Planet Fitness, Starbucks, Chick-fil-A, and more
• Less than half a mile from Baylor University Medical Center, a not-for-profit hospital. It has 1,025 licensed beds and is one of the major centers for patient care, medical training and research

Map:
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