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1st Floor - Unit 101
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Medical Office
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2,796 SF
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$999,000 USD
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Unit Size: 2,796 SF
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Condo Use: Medical Office
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Price: $999,000 USD
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Sale Type: Investment
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Price/SF: $357.30 USD
Description
Suite 101 consists of approximately 2,000 square feet and is fully built out as a dental office. The suite includes five operatories, two private restrooms, a kitchenette/breakroom, one private office and a reception and waiting area. The space is leased through 2032.
Suite 100 consists of approximately 796 square feet and is leased to Integrative Medicine Northern Virginia through 2031. The suite includes three private offices, two private restrooms and a reception and waiting area.
Sale Notes
11872 Sunrise Valley Drive presents an opportunity to acquire two fully leased, first-floor commercial condominiums totaling approximately 2,796 square feet. Offered at $999,000, the property generates a net operating income of $77,412.42, providing investors with an attractive 7.75% capitalization rate and stable rental income from two established medical tenants with lease terms extending through 2031 and 2032.
With both condominiums fully leased to healthcare-related tenants, this offering provides investors with immediate income, long-term lease stability and limited near-term rollover risk.
Investment Highlights
Offered at $999,000
Net operating income of $77,412.42
7.75% capitalization rate
Two individual commercial condominium units
Approximately 2,796 square feet combined
100% leased to healthcare-related tenants
Long-term leases extending through 2031 and 2032
Both suites located on the first floor
Suite 101: Approximately 2,000-square-foot dental office with five operatories
Suite 100: Approximately 796-square-foot integrative medicine office
Specialized medical and dental buildouts
Immediate rental income with limited near-term lease rollover
Opportunity to acquire two income-producing condominiums in a single transaction
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