JLL is pleased to offer for sale the fee simple interest in two institutional-quality medical office buildings with a total of 69,196 rentable square feet located adjacent to the 73-bed Texas Presbyterian Hospital Allen in Allen, Texas. The properties are 26 miles northeast of downtown Dallas immediately off Interstate 75. The properties are currently 87 percent leased on a triple net and modified gross basis to a desirable mix of primary care and specialty physician practice groups including Texas Health Physicians Group, Texas Health Resources’ physician group. The buildings feature critical uses including a surgery center and imaging.
Investment Highlights
- Two class A medical office buildings with 69,196 rentable square feet with surgery center and imaging suite
- 87% portfolio occupancy
- Texas Health Resources is the largest faith-based, nonprofit health system in North Texas with 25 acute-care hospitals and a high investment grade rating of Aa2
- Available fee simple and unencumbered by debt
Access the Confidentiality Agreement
Contact Information
Daniel Turley
Senior Vice President
+1 617 316 6521
daniel.turley@am.jll.com
Mindy Berman
Managing Director
+1 617 316 6539
mindy.berman@am.jll.com
Steve Leathers
Senior Vice President
+1 212 812 5867
steve.leathers@am.jll.com
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