THR Cross Roads Medical Office Cross Roads TX

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Property Overview

Address

3201 US Highway 380
Cross Roads, TX 76227

Overview

THR Cross Roads Medical Office (The “Property”) is located along Highway 380 in Cross Roads, Texas. The property sits on 3.45 acres of land and is between Denton and Prosper. 3201 US Highway 380 offers an owner/occupier a 63% occupied medical office building consisting of approximately 24,863 square feet. The property is occupied by a diverse mix of medical professional tenants who serve the local Cross Roads market and the surrounding cities. This investment provides an owner/occupant with an opportunity to occupy the property and have stable cash flow from tenants currently in-place to offset rent and loan payments.

Investment Highlights

Unique Owner/User opportunity

Offered significantly below replacement cost

Cross Roads tax advantage over surrounding municipalities

2-mile Median Home Value - $352,564

Between 2018 to 2019 Cross Roads saw a 9.57% increase in population

Owner/occupier opportunity - existing tenants offset mortgage costs

Location

Team

Brokerage team

Founded in 2009, Edge Realty Partners is a leading commercial real estate firm providing brokerage, development and investment sales services. With offices in Austin/San Antonio, Dallas/Fort Worth, Houston, Miami, Phoenix, and Southern California, the Edge platform offers over $6.2 billion in investment sales experience, $1.5 billion in development experience and exclusively represents more than 250 tenants and over 10 million square feet of commercial space.

John David Cobb

Associate
214.545.6962 jcobb@edge-cm.com

Wilson Stafford

Principal
214.545.6933 wstafford@edge-cm.com

Get in Touch

Phone
214.545.6900
Address
5950 Berkshire Lane, Suite 700, Dallas, Texas 75225