GARLAND, Texas, July 3, 2012 (GLOBE NEWSWIRE) -- National Commercial Auctioneers [www.natcomauctions.com] announces the public real estate auction of a medical / dental complex in Garland, Texas, on August 1, 2012 at 11am local time, according to Paul Lynn, CCIM, Senior Vice President, Broker.
"Investors should take note as this is a tremendous opportunity to purchase rentable space at auction prices," said Lynn. "This is an established medical / dental center located near the intersection of Centerville Road, Broadway Blvd., and Kingsley Road which has a combined traffic count in excess of 102,000 cars per day."
Located at 3232 Broadway in Garland, Texas, this complex comprises three buildings totaling 22,074 square feet. Situated on approximately 3.22 acres, the complex has space for up to 13 medical and dental practices with 163 parking spaces.
The property is offered in two parcels. Parcel one includes the largest building (Building #1) with a net lease area of 19,497 square feet, per the Dallas Central Appraisal District, on approximately 2.06 acres. There are ten suites. One of the suites is currently leased on a month to month basis, to two dentists.
The other nine suites are unoccupied. Those nine each contain four examination rooms, a finished doctor's office, nurses' station and a physician-nurse communication station. There is a shared lab area, spacious conference room, reception area and X-ray facility complete with lead lined walls. There are internal courtyards which create an intrinsically pleasant environment. The roof and many HVAC units have been recently updated.
Parcel Two contains Building #2 (1,900 square feet) and Building #3 (2,034 square feet) and are located directly behind Building #1 on a 1.16 acre lot. Building #2 is 100 percent occupied, with two dental suites and Building #3 is 100 percent occupied, with one dental suite.
"Within a five mile radius of this property are 287,649 residents with an average income of $64,912. The entire property is zoned Office District 1," said Lynn, adding, "The buildings are one level, were constructed between 1972 and 1980, and are all in good condition and a great opportunity for the right buyer."
Broker participation is encouraged. Property may be inspected during one of the scheduled previews or by appointment. For more details on how to receive the property information package and complete terms visit www.natcomauctions.com or call (877) 895-7077.
National Commercial Auctioneers is a national commercial property auction company dedicated to the sale of commercial property for commercial lenders, bankruptcy trustees, private equity funds, and public and private companies throughout the United States. NCA has the knowledge and expertise to effectively deliver a market driven auction for every kind of commercial property.
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