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Unit Size: 1,225 SF
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Condo Use: Medical Office
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Price: $425,000 USD
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Sale Type: Investment
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Price/SF: $346.94 USD
Description
Great investment opportunity in highly desirable Elm Ridge Office Complex. Leased with stable tenant this space is available for sell. Located close to FM 423 in Little Elm/Frisco area. This office condo offers 4 spacious separate offices, a large reception area, a break room. The monthly lease includes the HOA which covers the exterior maintenance, water, sewer, trash, CAM, and building insurance. Each individual office very spacious and can be used as a meeting room. The break room comes with wood cabinets, a granite countertop, space for a refrigerator, and a microwave. Individually metered HVAC system. HOA includes water.
Sale Notes
Excellent investment opportunity in the highly desirable Elm Ridge Office Complex. This 1,250 SF office condo is currently leased with a stable tenant, offering immediate income for an investor. Ideally located near FM 423 in the rapidly growing Little Elm, Frisco corridor, the space features four private offices, a spacious reception area, and a well-appointed break room. Each office is generously sized and can also function as a meeting or conference room. The break room includes wood cabinetry, granite countertops, and space for a refrigerator and microwave, providing convenience for daily office use. The HOA covers exterior maintenance, water, sewer, trash, CAM, and building insurance, making ownership simple and predictable. The unit also includes an individually metered HVAC system for efficiency and control. With strong surrounding growth, excellent accessibility, and a stable tenant already in place, this property presents a great opportunity for investors seeking steady income in a prime North Texas location.
Swati Shah
Capital Title
