Properties

Platinum Dermatology Partners Investment Sale

$11,259,920

Wynmark Commercial is pleased to present a rare opportunity to acquire a fully occupied, single-tenant medical office investment in one of North Texas’ most sought-after submarkets. Totaling 17,803 square feet across two condominium suites in a Class A building delivered in 2020, this asset is 100% leased to Platinum Dermatology Partners — one of the nation’s largest dermatology platforms — with 9 years of term remaining on both suites.

The property sits within Plano’s premier Legacy submarket with direct access to the Dallas North Tollway and State Highway 121.

Investment Highlights

  • 17,803 SF | Class A | Two condominium suites | 2020 delivery
  • 100% occupied | Single-tenant net lease | 9 years of term remaining
  • Suite 100: 9,619 SF — General Dermatology | $365,025 annual base rent
  • Suite 200: 8,184 SF — Skin Cancer Surgery Center | $310,570 annual base rent
  • Combined NOI: $675,595 commencing September 1, 2026

The Tenant

Platinum Dermatology Partners — operating locally as Signature Dermatology & Aesthetics — is headquartered in Dallas with nearly 400 providers across 120+ locations in five states. This Plano location is the flagship Texas practice, staffed by five board-certified physicians and three physician assistants.

Location

Situated at Whitestone Lane and Tennyson Parkway, the property is proximate to Children’s Medical Center Plano, Texas Health Presbyterian Hospital Plano, Baylor Scott & White – Plano, and Medical City Plano — a healthcare corridor that reinforces sustained occupier demand and long-term investment stability.

Plano continues to rank among the most desirable markets in the Dallas-Fort Worth Metroplex, underpinned by a concentration of Fortune 500 employers, a strong demographic profile, and consistent population growth — making this an exceptionally well-positioned addition to any income-producing portfolio.