Offers Requested by Thursday, September 8th, 2016 – 5:00 PM CDT
CBRE’s Healthcare Capital Markets Group is pleased to exclusively offer the condominium interest in MacArthur Medical Plaza (the “Property”) for purchase. Located in Irving, Texas within Dallas County, MacArthur Medical Plaza is a four-building medical office complex consisting of a total 62,201 square feet. The offering includes 42,140 square feet within Buildings 400 and 500, and part of buildings 300 and 600.
The Property is 100% leased with 65.5% leased to MacArthur Medical Center, PLLC, which provides obstetrics & gynecology and pediatric services to the Dallas metro area, including Irving, Las Colinas, Grand Prairie, Hurst, Euless and Bedford (HEB), Arlington, Colleyville, North Richland Hills and surrounding cities. Other notable tenants include the University of Texas Southwestern Medical Center (Moody’s ‘Aaa’), Quest Diagnostics (Moody’s ‘Baa2’) and Medical and Surgical Clinic of Irving. The Property is located in a high-traffic area just south of the world-renowned Four Seasons Las Colinas and proximate to multiple major Dallas-area medical institutions.
Investment Highlights
- 100% Leased with Minimal Rollover Risk
- High-Caliber, Synergistic Tenant Mix
- Proximate to Major Dallas Medical Institutions
- Easily Accessible, High Traffic Location
- Less Than a Mile From Renowned Las Colinas
- Appealing Aging Trends
- Positive Physician Employment Trends
- Delivered Free and Clear of Existing Debt
MacArthur Medical Plaza
| Offering Price | Best Offer |
| Address | 3501 North MacArthur Boulevard, Irving, Texas |
| Square Footage | 42,140 RSF |
| Year Built | 1968 |
| Occupancy | 100% |
| In-Place NOI | $778,855 |
Contact Information
CBRE U.S. Healthcare Capital Markets Group
Lee Asher
+1 404 504 5965
lee.asher@cbre.com
Chris Bodnar
+1 303 628 1711
chris.bodnar@cbre.com
Sabrina Solomiany
+1 404 812 5109
sabrina.solomiany@cbre.com
Local Market Contact CBRE Debt & Structured Finance
Chris Sido
+1 214 979 6553
chris.sido@cbre.com
Greg Greene
+1 214 979 5617
greg.greene@cbre.com
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