Fully Occupied Office | 1701 N Hampton Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Fully Occupied Office 1701 N Hampton Rd
13,565 SF 100% Leased Office Building DeSoto, TX 75115 $2,622,319 CAD ($193 CAD/SF) 7.63% Cap Rate
Investment Highlights
- 13,565 SF fully occupied office property located in the heart of Desoto, one of the country’s most desirable commercial hubs.
- Fully renovated in 2018, the property now offers modern office finishes across a flexible range of private offices and collaborative spaces.
- Home Care Network, the anchor tenant, has excellent credit and is on a corporate-guaranteed five-year lease with an additional five-year option.
- Rare investment opportunity to acquire a 100% occupied, income-producing office property in the heart of The Metroplex.
Executive Summary
A top building in a mid-cities office submarket located in the heart of thriving Desoto, TX. 1701 N. Hampton Road is a $13,565 square foot office building boasting a diversified rent roll with excellent credit. The interior includes 5 office suites equipped with 5 break rooms, 11 bathrooms, 11 storage closets, 3 utility rooms, 19 single offices, 8 multi-desk offices and 4 conference rooms, making it a perfect acquisition opportunity for owners and investors.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Register to Bid Instructions
Financial Summary (Actual - 2022) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$292,515
|
$21.56
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$292,515
|
$21.56
|
| Taxes |
$42,116
|
$3.10
|
| Operating Expenses |
$50,237
|
$3.70
|
| Total Expenses |
$92,352
|
$6.81
|
| Net Operating Income |
$200,162
|
$14.76
|
Financial Summary (Actual - 2022)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $292,515 |
| Annual Per SF | $21.56 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $292,515 |
| Annual Per SF | $21.56 |
| Taxes (CAD) | |
|---|---|
| Annual | $42,116 |
| Annual Per SF | $3.10 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $50,237 |
| Annual Per SF | $3.70 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $92,352 |
| Annual Per SF | $6.81 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $200,162 |
| Annual Per SF | $14.76 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
13,565 SF
Building Class
C
Year Built/Renovated
1977/2018
Price
$2,622,319 CAD
Price Per SF
$193 CAD
Cap Rate
7.63%
NOI
$200,083 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,783 SF
Building FAR
0.30
Land Acres
1.03 AC
Zoning
IP - General Retail (GR)
Parking
52 Spaces (3.83 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Kitchen
- Central Heating
- Secure Storage
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
-
- Health Care and Social Assistance
- -
- -
- Mar 2027
Le Réseau de soins à domicile fournit des services de soins à domicile de qualité, sécuritaires et rentables aux personnes qui en ont besoin. Ils croient qu'il est de la plus haute importance de faire participer le patient et sa famille ou les soignants au plan de soins du patient. Le patient a le droit de choisir le fournisseur de soins dont il a besoin. C'est ce qu'ils honorent le plus en proclamant que la santé et le bonheur de leur patient sont leur première priorité.
- Kosmic Kids
- Educational Services
- -
- -
- Mar 2027
- NP Care at Home
- Health Care and Social Assistance
- -
- -
- Mar 2027
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
|
|
Health Care and Social Assistance | - | - | Mar 2027 | ||
| Kosmic Kids | Educational Services | - | - | Mar 2027 | ||
| NP Care at Home | Health Care and Social Assistance | - | - | Mar 2027 |
PROPERTY TAXES
| Parcel Number | 200496900A00A0000 | Total Assessment | $1,834,263 CAD (2023) |
| Land Assessment | $253,401 CAD (2023) | Annual Taxes | $42,116 CAD ($3.10 CAD/SF) |
| Improvements Assessment | $1,580,862 CAD (2023) | Tax Year | 2022 Payable 2022 |
PROPERTY TAXES
Parcel Number
200496900A00A0000
Land Assessment
$253,401 CAD (2023)
Improvements Assessment
$1,580,862 CAD (2023)
Total Assessment
$1,834,263 CAD (2023)
Annual Taxes
$42,116 CAD ($3.10 CAD/SF)
Tax Year
2022 Payable 2022
-
Delvin Hopkins -
Karrington Realty
1 of 18
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Fully Occupied Office | 1701 N Hampton Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.