Medical Office NNN Investment

Investment Overview

NOI: Approx. $230,000 1231 E. Belt Line Road presents a compelling medical office investment opportunity in Richardson, Texas, offering stable in-place income backed by a high-quality healthcare tenant. The 9,200 SF medical office building is 100% leased to Texas Health Resources under a 7-year NNN lease, providing investors with durable cash flow, limited landlord expense exposure, and tenancy supported by one of North Texas’ most recognized healthcare systems. Positioned along the heavily traveled E. Belt Line Road corridor, the property benefits from strong visibility, convenient access to US-75, President George Bush Turnpike, and I-635, and proximity to major regional medical demand drivers including Medical City Hospital and Methodist Richardson Medical Center. The surrounding trade area features dense residential neighborhoods, significant daytime population, strong household incomes, and nearby retail and employment nodes that reinforce long-term healthcare demand. With an approximate NOI of $230,000, 39 parking spaces, and a functional medical layout, the subject property offers investors a stabilized medical office acquisition with strong tenant credit, essential-service use, and a strategic Richardson location within the broader Dallas-Fort Worth healthcare market.

Investment Highlights

• 100% leased to Texas Health Resources under a long-term NNN lease structure
• Positioned just west of E. Belt Line and N. Plano Road, offering robust visibility and traffic counts of over 30,000 VPD
• Located within six miles of two major hospitals, ensuring strong medical demand in the surrounding trade area
• Convenient access to US Highway 75, George Bush Turnpike, and Interstate 635, providing regional connectivity
• Features a well-designed medical layout with multiple exam rooms and functional floor plans to support efficient healthcare operations
• For a complete list of all available properties, please visit www.ridgepcre.com