4-Tenant Medical Office NNN Investment

Investment Overview

4801-4805 Wesley St offers an exceptional real estate acquisition opportunity in the rapidly expanding healthcare sector of North Texas, featuring a 12,579 SF single-story medical office building positioned on 0.707 Net Acres at the high-traffic intersection of Wesley Street and Joe Ramsey Boulevard. Built in 1985 and comprehensively renovated in 2022, this fully stabilized asset delivers secure, predictable cash flow as it is 100% occupied under NNN leases by four prominent medical tenants: Texas Health Resources, Athletico Physical Therapy, Lake Pointe Spine and Pain Management, and North Star Diagnostic Imaging. The property generates an approximate Net Operating Income (NOI) of $280,000 and is strategically integrated into Greenville’s primary medical ecosystem, situated less than one mile from the 201-bed Hunt Regional Medical Center. Commanding exceptional exposure with daily traffic counts reaching 28,013 VPD on Joe Ramsey Blvd, the asset benefits from robust retail synergy right next to Super 1 Foods and Walmart Neighborhood Market, excellent accessibility just 30 minutes from Downtown Dallas via I-30, and favorable local demographics featuring an average household income exceeding $101,900 within a 5-mile radius.

Investment Highlights

• Approximate NOI: $280,000
• 100% leased medical office investment with four healthcare tenants
• Secured by four NNN leases providing stabilized income
• Located less than one mile from Hunt Regional Medical Center which boasts over 200 beds
• Strategically located north of the signalized intersection at Wesley Street and Joe Ramsey Boulevard
• Renovated in 2022 with established medical office occupancy
• Financial information available upon request and signed confidentiality agreement