Medical Office Building and Ambulatory Surgical Center

Baylor Medical Plaza is a three story, Class B+/A- office building located 2020 W. State Highway 114. The building is located on 5.64 acres, with frontage directly on W. State Highway. 100% leased to Baylor Regional Medical Center at Grapevine. The 15 year NNN lease has 12% escalations every 5 years. The lease expires in November of 2017 and the next increase in rent is in December of this year.

Located just north of Baylor Medical Plaza is Baylor Surgical Center, a single story, ambulatory / outpatient surgery center. The building is located on 3.37 acres and is currently leased to Baylor Surgicare at Grapevine on a 20 year NNN lease, with 7.5% rental increases every three years. The ASC is operated as a joint venture between Baylor and United Surgical Partners, one of the largest ASC owners in the country. The lease expires in November of 2021.

The medical office building at 2020 W. State Highway 114 is 100% leased to Baylor Medical Center at Grapevine, a Texas Corporation. Specific care offered at this location includes: Advanced Heart Care, Baylor Diagnostic Imaging Center, Baylor Family Medical Center, Breast Center at Baylor Regional Medical Center, Endocrinology & Reproductive Medicine, Grapevine Radiology Associates, and Heartplace Grapevine – recently signed 15,000 sf lease that runs 5-years beyond the Master Lease.



Year Built: 2001 (ASC) - 2002 (MOB)

Number of Floors: 1 (ASC) - 3 (MOB)

Site Area: 3.37 Acres (ASC) - 5.14 Acres (MOB)

Building Square Footage: 16,220 (ASC) - 61,569 (MOB)

Ventilation: Roof mounted HVAC

Elevators: 2 (MOB)

Parking Spaces: 110 (ASC) - 235 (MOB)


To learn more about investing or leasing space in New Era Properties, please complete this form and we will get in touch with you as soon as possible:

All information regarding this property is from sources deemed reliable; however, New Era Companies, LLC has not made an independent investigation of these sources. No warranty or representation is made by New Era Companies, LLC as to the accuracy of the information and same is presented subject to errors, omissions and uncertainties, including without limitation, change of price, unknown property conditions, governmental regulations, rental or other conditions, prior sale, lease or withdrawal from the market without notice. Certain information set forth herein may contain forward-looking statements and, as such, you should not rely on such statements. This information contained herein remains subject to further updating, revision and amendment without notice. Nothing herein shall constitute an offer and, as such, New Era Companies, LLC shall not be bound or obligated by any terms and conditions until such time as a final agreement is executed and delivered by all parties thereto, and then only to the extent set forth therein.