4214 Gateway Drive

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Marcus & Millichap is pleased to present the opportunity to acquire 4214 Gateway Drive (“the Property”), a 4,634 square foot medical office building located in the affluent Dallas-Fort Worth suburb of Colleyville, TX. The Seller, Make You Well Family Practice & Aesthetics, will be leasing back 100% of the Property for 15-years on an Absolute NNN basis with 3% annual escalations, providing investors a secure cash flow from a thriving private medical practice.

Colleyville has become one of the fastest growing and most affluent communities in Texas, with population growth over 40% since 2000, and a median household income exceeding $200,000. With an average age of 47.9, the older, successful residents spend well above the national average on annual healthcare costs, providing an incredible opportunity for doctors providing both necessary and elective care. Located just 14 miles from Fort Worth, 22 miles from Dallas, and just 5 miles from DFW International Airport, Colleyville is well positioned to take advantage of the continued migration of people and businesses into Texas.

The Property, built in 2004 and completely renovated by the Seller in 2022, benefits from easy access to State Highway 121, abundant nearby retail amenities, an above average parking ratio of 6.5:1,000, and an attractive, classic design.

HIGHLIGHTS

• 15-Year Absolute NNN Sale-Leaseback with Thriving Private Medical Business
• HIghly Affluent Community and Patient Base
• Fully-Renovated Medical Office Building
• Excellent Freeway Access and Proximity to Retail Amenities
• Strong Market Fundamentals
• Centrally-Located Between Area Hospitals in Dense Medical Corridor