ROCKWALL, TX-Stan Johnson Company, one of the nation's premier net lease brokerage firms, has completed the sale of a 17,505-square-foot, on-campus medical office property. The medical office building (MOB), which is located at 3136 Horizon Road in Rockwall, TX, sold for $5.4 million.

Toby Scrivner and Jeff Matulis of Stan Johnson Company represented the seller, RockMed Partners, LP in the sale.

The property is an outparcel to one of Texas Health Resources' most profitable hospitals and services a large footprint in the communities east of Dallas. The property is located less than a mile from Interstate-30 in a major medical corridor.  The property sits near SmileWorks Dentistry, Family Vision Center, Ob-Gyn Place, Rehab Management Physical Therapy, and Spine Team Texas, among several others.  

“The opportunity to buy a fully leased medical building on the campus of the hospital, in this fast growing Dallas suburb, made it an attractive investment opportunity for the buyer,” said Scrivner.

Stan Johnson Company is one of the nation's leading commercial real estate brokerage and advisory firms. The net lease group is the largest team of professionals focused exclusively on the acquisition, disposition, and financing of net leased real estate. Building on their 25-year foundation in the single tenant net lease industry, completing more than $13 billion in transactions nationwide, Stan Johnson Company is aligned for continued growth.