Properties

LOI PENDING – Investment Sale – 1940 John King Blvd., Rockwall, TX

Exceptional investment opportunity to acquire a newly constructed, 100% leased medical office investment in Rockwall, Texas. Located within John King Office Park, this approximately 4,366 SF standalone building is occupied by Signature Dermatology & Aesthetics, part of Platinum Dermatology Partners, under a long-term, 10-year triple-net (NNN) lease extending through March 2036.

Completed in 2025, the property offers investors the benefits of new construction, an established medical operator, and a long-term lease structure designed to minimize landlord responsibilities. Strategically positioned along S. John King Boulevard near Highway 276, the property benefits from convenient access to Interstate 30 and Rockwall’s expanding residential and commercial communities.

Investment Highlights

  • 6.75% Cap Rate
  • Asking Price: $2,664,877
  • Approximately 4,366 SF standalone medical office building
  • New construction completed in 2025
  • 100% leased to Signature Dermatology & Aesthetics
  • Tenant affiliated with Platinum Dermatology Partners
  • 10-year NNN lease extending through March 2036
  • Established medical operator
  • Located within John King Office Park
  • Convenient access to Highway 276 and Interstate 30
  • Surface parking available for patients and staff
  • Located in the growing Rockwall, Texas market

Location Overview

Situated approximately one mile south of Interstate 30 near Highway 276, John King Office Park offers convenient accessibility within the growing Rockwall market. The surrounding area features established residential neighborhoods, retail destinations, medical services, and continued commercial development, supporting the property’s long-term appeal as a medical office investment.