Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of The Henderson Medical Building and Surgery Center, an office property located in Fort Worth, Texas, according to Kyle Palmer, Regional Manager of the firm’s Fort Worth office.
Cody Payne an Associate and Philip Levy, Senior Director in Marcus & Millichap’s Fort Worth office, had the exclusive listing to market the property on behalf of the seller, a private investor.
The Henderson Medical Building & Surgery Center located at 410-426 South Henderson Street in Fort Worth, Texas includes a CVS Pharmacy and medical office space including a full surgical suite. The property is ideally located in the heart of Fort Worth's Medical District surrounded by five major hospitals containing approximately 2,440-beds. Harris Methodist and Cook Children's Hospitals are just one and two blocks away respectively, Plaza Medical Center is approximately eight blocks, and Baylor All Saints and John Peter Smith are both approximately a half a mile from the property. It is also strategically located one block south of Interstate 30 and just west of Interstate 35W.
Completed in 1985 and 1990, this property includes space built out to the highest surgical center standards and is licensed by the State of Texas, accredited by Medicare and almost all private insurance companies. Additionally, the property includes a 6,500-square foot pharmacy leased to CVS that serves the dozens of medical offices and hospitals in the immediate area.
About Marcus & Millichap (NYSE: MMI)
With over 1,600 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 8,700 transactions in 2015 with a value of approximately $37.8 billion. The company has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com
