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2nd Floor - Unit 203
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Medical Office
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1,350 SF
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$290,000 USD
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Unit Size: 1,350 SF
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Condo Use: Medical Office
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Price: $290,000 USD
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Sale Type: Investment
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Price/SF: $214.81 USD
Description
Great location next to Burger King. Many medical offices in same building. Currently leased. Lease signed in January 2026, at $1400 per month and will increase by 4% the second year with option to renew at the end of the second year.
Sale Notes
Prime income-producing investment! 100% leased with a new two-year lease signed in January 2026 and an option to renew. This property offers a solid 5.5% cap rate, making it an attractive opportunity for investors seeking reliable returns. Current rent is $1400 per month and will increase by 4% the second year. This well-maintained professional office suite (Unit 203) offering approximately 1,350 sq. ft. of functional workspace. Recently updated with new paint and flooring, this second-level unit features 4 private offices, a welcoming lobby/reception area, storage room with data connections, and 2 ADA-compliant restrooms. Conveniently accessed via elevator, the space provides excellent visibility and high traffic exposure on State Highway 53, making it ideal for medical, dental, or professional office use. Property highlights include ample parking, strong curb appeal, and excellent overall condition.
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Lydia Spink
Century 21 Lindsey & Pauley