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375 Municipal Dr
Richardson, TX 75080

$167,250 - $430,000 USD

Medical Condos For Sale  •  1,338+ SF

Property Details

  • Property Type Medical
  • Total Building Size 3,682 SF
  • Lot Size 4.01 AC
  • Building Class C
  • Year Built 1981
  • Tenancy Multiple
  • Zoning Medical Office
42 Transit Score
50 Walk Score

2 Units Available

Name Condo Use Size Price Details
1st Floor - Unit 134 Medical 1,338 SF $167,250 USD
  • Unit Size: 1,338 SF
  • Condo Use: Medical
  • Price: $167,250 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $125.00 USD
Description
Suite 134 measures approximately 1,338 SF, was recently renovated in 2024, and offers a modern, updated space designed to meet the needs of today's medical professionals.  The floor-plan includes a waiting area, reception-administration desk with storage cabinetry, two restrooms, kitchen/break area, 5 exam-procedure rooms. workroom/lab space, and record storage areas.  Richardson Medical Park campus is located on a ground lease, and monthly association fees currently estimated at $1,809.57 per month as of 9/2024, include common area maintenance, and all utilities (except for internet service).

Sale Notes
BRING OFFERS!

2nd Floor - Unit 218 Office 3,682 SF $430,000 USD
  • Unit Size: 3,682 SF
  • Condo Use: Office
  • Price: $430,000 USD
  • Sale Type: Investment
  • Price/SF: $116.78 USD
Sale Notes
Space could be divided into smaller units as it has two entrances.

Description

Introducing 375 Municipal Drive, Suite 134 in Richardson, TX, an established property built in 1981 that is tailor-made for Office/Medical investors.  Strategically positioned less than a half mile west of US-75, and across from Richardson Methodist Medical Hospital Campus, Richardson Medical Park offers a convenient, established location, multiple amenities, and a synergistic mix of on-site medical practitioners.  Suite 134 measures approximately 1,338 SF, was recently renovated in 2024, and offers a modern, updated space designed to meet the needs of today's medical professionals.  The floor-plan includes a waiting area, reception-administration desk with storage cabinetry, two restrooms, kitchen/break area, 5 exam-procedure rooms. workroom/lab space, and record storage areas.  Richardson Medical Park campus is located on a ground lease, and monthly association fees include common area maintenance, and all utilities (except for internet service). Campus occupants have access to the on-site fitness center that includes locker rooms, workout equipment, sauna (under renovation), and indoor racquetball-squash ball court.  Prospective buyers and their representatives are responsible for conducting their own due diligence, which includes consulting with city authorities, confirming access to utilities, and zoning confirmation. This information is not to be considered a substitute for professional guidance and independent verification.

Highlights

Situated less than half a mile from US-75 and across from Richardson Methodist Medical Hospital Campus
Suite 134, measuring approximately 1,338 SF, was recently renovated in 2024
Offering a fully functional medical office layout, and on-site amenities including a fitness center, sauna, and indoor squash/racquetball
Monthly association fees cover common area maintenance and all utilities
Property website: https://buildout.com/website/375municipal134

Property Flyers

Amenities

  • Controlled Access
  • Fitness Center
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Dallas Love Field 24 min - 16.9 mi
Dallas-Fort Worth International 32 min - 25.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Angela Harwell 214-578-0087 Orion Commercial Realty Group
Angela Harwell 214-578-0087 Orion Commercial Realty Group