FRISCO MEDICAL RETAIL BUILDING...thodontics, cosmetic dentistry, and oral surgery. Frisco, Texas is the fastest growing city in the country (U.S. Census Bureau - 2017), located just

4685 Eldorado Parkway Frisco, Texas

F R I S C O M E D I C A L R E T A I L B U I L D I N G

Nathan England | 214.707.1542 | [email protected]

Justin Keane | 214.686.9007 | [email protected]

Offering Memorandum

4685 Eldorado Parkway Frisco Texas


P r o p e r t y B r o k e r s

N A T H A N E N G L A N D

214.707.1542 [email protected]

J U S T I N K E A N E


Investment Overview

Frisco Medical measures 10,000 rentable square feet and is fully occupied by two prominent healthcare providers. Anchoring and occupying over 70% of the building is Platinum Dermatology with more than thirty practice locations that offer gen-eral, pediatric, surgical and cosmetic dermatology solutions. MB2 Dental occupies the remain-ing square footage and has over 100 affiliated practices offering general dentistry services, or-thodontics, cosmetic dentistry, and oral surgery.

Frisco, Texas is the fastest growing city in the country (U.S. Census Bureau - 2017), located just 25 miles northeast of the Dallas -Fort Worth International Airport, planners, economists and site selectors have identified Frisco as one of the nation's brightest spots for development. The Frisco Economic Development Corporation has facilitated 350 projects that have the poten-tial to occupy more than 450 million square feet of commercial space, generate new capital in-vestment in excess of $8 billion, and create/retain more than 78,000 potential direct jobs in the City of Frisco.

10,000 SF Fully Occupied

Fastest Growing Texas Health City Hospital








Platinum Dermatology Partners (PDP) is a man-agement services organization provided to der-matology groups across Texas and Arizona.

Partners benefit from the shared best practices and business insights of the Platinum network and Clinical Advisory Board enhancing business and clinical intelligence. The result is an effi-cient and insightful RCM program, office effi-ciencies and innovative products created through collaboration, data and synergy.

Platinum builds out de novo offices and supple-mental service lines to grow practices organical-ly, and through mergers and acquisitions. The size and scale will allow Platinum partners a more comprehensive suite of patient services and a continuously improving high-quality care experience.

The expertise and access to capital allows physi-cians to accelerate growth in their practice while remaining focused on delivering excellent pa-tient outcomes.

Plat inum Dermatology

Square Footage

% Bldg. Share

Lease Commencement

Lease Expiration

Annual Rent/SF

Annual Rent

Monthly Rent

Lease Type

Annual Increase

Term Remaining

7,300 73.0% 7/01/2017 11/30/2027 $43.00 $313,936 $26,161 $8.76 NNN

3% 10 Years








Headquartered in Carrollton, Texas, and serving patients in Alaska, Louisiana, New Mexi-co, Oklahoma, Tennessee, and Texas, MB2 is a leading DSO that employs a "joint venture" busi-ness model through which affiliated dentists en-joy the clinical benefits of a private practice and the infrastructure, compliance, marketing, and purchasing advantages of the traditional DSO model. MB2 draws on the energy of highly -engaged dentist partners with deep commitment and aligned interests.

MB2 has grown rapidly through de novo open-ings, add-on acquisitions, and strong existing -office growth. Beginning with two practices in 2007, today MB2 has over 100 affiliated practic-es. MB2 offers general dentistry services, ortho-dontics, cosmetic dentistry, and oral surgery.

"MB2 bridges the gap between private practice and traditional DSOs," said Paul Murphy, a part-ner at Sentinel. "With a motto that 'patients come before profits, ' MB2 attracts and retains highly talented and motivated entrepreneurial dentists by offering clinical autonomy and the opportunity to become owners of their own practices, while us-ing an efficient and established operating model."

MB2 Dental

Square Footage

% Bldg. Share

Lease Commencement

Lease Expiration

Annual Rent/SF

Annual Rent

Monthly Rent

Lease Type

Annual Increase

Term Remaining

2,700 27.0% 12/01/2017 11/30/2022 $43.01 $116,114 $9,676 $8.76 NNN

3% 5 Years








Arlington-based Texas Health Resources is planning a 20 -acre hospital campus in Frisco that will be lo-cated on the southeast corner of the Dallas North Tollway and Cobb Hill Drive. It is scheduled to open in the third-quarter of 2019.

Texas Health’s new campus will house a 74 -bed, 325,000 square-foot acute care hospital, a 120,000 square-foot medical office building and a 90,000 square -foot multi-specialty clinic. The faith-based, non-profit health system operates in 16 north and central Texas counties, where it runs 17 acute -care hospi-tals, has more than 5,900 physicians with active privileges and employs an estimated 25,000 people. The new hospital campus will be its first in Frisco.

Adjacent Texas Health Hospital








Hunt Realty Investments has purchased the 2,544 -acre Headquarters Ranch from the estate of Bert Fields Jr. The sprawling ranch stretches from Preston Road west past the Dallas North Tollway and all the way north to U.S. Highway 380.

Hunt Realty has formed a partnership with Dallas' Chief Partners LP, Legacy West developer Karahan Cos., CrossTie Capital Ltd. and the Fields estate to develop the huge property.

Hunt Realty and its partners intend to design and build a project including commercial buildings, offices, retail, single-family and multifamily homes, and educational facilities.

The Karahan Cos., led by Fehmi Karahan, will be a co -master developer of the property. Karahan was lead partner in the hugely successful $3 billion Legacy West development in Plano. "Frisco and the property deserve something special and different," Kleinert said. "We want to attract headquarters to Frisco." The partners in the development include some of North Texas' wealthiest and most experienced investors. The Fields property is one of the top sites that the Profes-sional Golfers Association of America is considering for its new headquarters.

Frisco’s Mixed-Use Development

2,544 Acre

Mixed-Use

Development








Mixed-Use

Development








Eldorado parkway

Legacy D

rive

NNN Leases Hard Corner Highest Traffic 3% Yr. Inc. 2 Access Points Counts

DallasNews.com: https://www.dallasnews.com/business/health-care/2017/02/14/texas-health-plans-open-first-frisco-hospital-2019 -

DallasNews.com: https://www.dallasnews.com/business/real-estate/2018/08/07/friscos-largest-vacant-property-sells-

billionaire-developers-massive-project-plans

Documents

FRISCO MEDICAL RETAIL BUILDING...thodontics, cosmetic dentistry, and oral surgery. Frisco, Texas is the fastest growing city in the country (U.S. Census Bureau - 2017), located just