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1st Floor - Unit 800
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Medical
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1,500 SF
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$532,500 USD
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Unit Size: 1,500 SF
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Condo Use: Medical
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Price: $532,500 USD
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Sale Type: Investment
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Price/SF: $355.00 USD
Description
This 1,500 SF medical office condominium is located in the newly constructed Lake Forest Medical Park, a thriving healthcare hub in McKinney, Texas. The property sits directly across from Baylor Scott & White Medical Center, offering medical professionals immediate proximity to a major hospital network and ancillary healthcare providers.
The suite is delivered in shell condition, giving tenants the flexibility to customize layouts and finishes to meet specific operational needs. Surrounded by established practices and wellness providers, the campus creates a synergistic environment for referrals and patient convenience. Easy access to US Highway 380 and major thoroughfares ensures smooth regional connectivity, while nearby retail and dining amenities provide additional convenience for staff and patient
Sale Notes
This offering presents a rare opportunity to purchase a 1,500 SF medical office condominium within a premier McKinney healthcare campus. Occupying Building 8 at Lake Forest Medical Park, the property delivers long-term value for investors seeking stabilized medical tenancy potential or owner-users planning to establish a practice in a high-growth submarket.
The condominium is part of a professionally planned development with multiple complementary medical practices, fostering strong patient traffic and cross-specialty collaboration. Located just across from Baylor Scott & White Medical Center, the property benefits from consistent demand for quality medical space in a corridor marked by residential expansion and high-income demographics. With new shell condition delivery in 2025 and strong area fundamentals, this asset offers both immediate utility and enduring investment security.
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1st Floor - Unit 808
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Medical
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4,448 SF
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$2,155,570 USD
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Unit Size: 4,448 SF
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Condo Use: Medical
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Price: $2,155,570 USD
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Sale Type: Investment
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Price/SF: $484.62 USD
Description
Situated within Lake Forest Medical Park, this 4,448-square-foot medical office condominium offers a prime healthcare investment in the growing McKinney market. The property is located directly across from Baylor Scott & White Medical Center within an established medical campus that houses numerous healthcare providers and specialists. Designed for medical use, this modern facility is undergoing a complete buildout to deliver a customized, high-quality environment for its tenant.
The building features a strong parking ratio of 2 per 1,000 square feet and shares premium finishes consistent with the campus aesthetic. Surrounding amenities include national retailers, pharmacies, and restaurants, creating convenience for patients and staff. The area benefits from exceptional demographic trends, including strong income levels and significant residential expansion, ensuring long-term demand for medical services in this market.
Sale Notes
Offered at $2,155,570, this Class A medical office condominium is currently leased to Stonebridge Pediatrics under a new five-year NNN lease commencing October 2026. The lease includes 3 percent annual rent escalations, ensuring predictable income and long-term cash flow stability. This asset provides investors with a low-management opportunity supported by a tenant with an established presence in the McKinney community.
The location within Lake Forest Medical Park provides synergy among complementary healthcare providers, while proximity to Baylor Scott & White Medical Center enhances patient referral potential. Positioned in a market with robust population growth and high household incomes, this property represents a secure addition to any healthcare real estate portfolio, offering immediate yield and minimal operational oversight.
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Alex Payne
Axis Realty Group
