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2164 Lake Forest Dr
McKinney, TX 75071

$2,396,134 USD

Medical Condo For Sale  •  4,634 SF

Property Details

  • Property Type Medical
  • Total Building Size 9,479 SF
  • Lot Size 4.49 AC
  • Building Class B
  • Year Built 2024
  • Cap Rate 6.50 %
  • Tenancy Multiple
  • Zoning O-1
0 Transit Score
37 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 712 Medical Office 4,634 SF $2,396,134 USD
  • Unit Size: 4,634 SF
  • Condo Use: Medical Office
  • Price: $2,396,134 USD
  • Sale Type: Investment
  • Price/SF: $517.08 USD
Description
USOSM / Oral Surgery Center:  A specialty management services company that exclusively serves premier oral and maxillofacial surgeons  has established itself as an industry leader. It was the first company of its kind, similar to a dental service organization (DSO), but focusing solely on premier 		oral and maxillofacial surgeons.  They continues to lead the industry today, with approximately 53 partner practices,  133 sites of service and 156 surgeon partners,  across 19 states.  All of which consistently achieve a  Net Promoter Scoreā„¢  (NPS)  of  80 or above,  according to the reputation 		management company Birdseye

The office campus is situated  on approximately 4.49 acres at a prime location at  the NEQ of  N Lake Forest Drive & Hwy 380 (University Drive) across the street from McKinney Baylor Scott @ White Hospital (2012).  There exists 8 free standing buildings within the Campus some of which are sold to medical practices and or leased to them as the tenant.   The campus is positioned on the  north side of Hwy 380 / W. University on the east side of N. Lake Forest Drive,  just to the south of all the continued growth in McKinney, Texas.   
	Baylor Scott & White McKinney Hospital is across the street to the west , Kroger's Grocery Shopping Center is at the SWC of Hwy 380 & N Lake Forest as well as having to the south side of the subject property Walgreens, Taco Bell & Whataburger.  Just to the east side of the campus is the Belterra Skilled Care & Rehabilitation Facility.  
	To add to all these great uses  Collin Springs Behavioral Health Hospital & Rehabilitation joined the area March 2024. The property is surrounded by residential developments as well as Grocery & Retail type uses. The site is close to regional shopping, local eateries and banking.

Description

This office campus is situated  on approximately 4.49 acres at a prime location at  the NEQ of  N Lake Forest Drive & Hwy 380 (University Drive) across the street from McKinney Baylor Scott @ White Hospital (2012).  There exists 8 free standing buildings within the Campus some of which are sold to medical practices and or leased to them as the tenant.   The campus is positioned on the  north side of Hwy 380 / W. University on the east side of N. Lake Forest Drive,  just to the south of all the continued growth in McKinney, Texas.   
	Baylor Scott & White McKinney Hospital is across the street to the west , Kroger's Grocery Shopping Center is at the SWC of Hwy 380 & N Lake Forest as well as having to the south side of the subject property Walgreens, Taco Bell & Whataburger.  Just to the east side of the campus is the Belterra Skilled Care & Rehabilitation Facility.  
	To add to all these great uses  Collin Springs Behavioral Health Hospital & Rehabilitation joined the area March 2024. The property is surrounded by residential developments as well as Grocery & Retail type uses. The site is close to regional shopping, local eateries and banking.

Highlights

East side of McKinney Baylor Scott&White
Just north of W Univerity Drive / Hwy 380
Single Story Office Condo with great signage
North of Kroger Super Center includes Bank, Eateries and more medical office

Property Flyers

Financial Summary

Cap Rate: 6.50 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
USOSM 4,634 SF 8/31/2034

Public Transportation

AirportDriveWalkDistance
Dallas Love Field 46 min - 37.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: Surface
Included in Rent: Yes
Katina Zepp 214-676-3709 The ZEPP Company
Katina Zepp 214-676-3709 The ZEPP Company