Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2002
Sq.Footage
N/A
100% OCCUPIED MEDICAL OFFICE INVESTMENT | LONG-TERM TENANTS | POSITIVE CASH FLOW Exceptional opportunity to acquire a fully occupied, income-producing medical office complex in the growing Crestview market. This approximately 15,000-square-foot commercial medical property consists of three approximately 5,000-square-foot suites with established healthcare-related tenants and long-term lease commitments. Income is in place from day one. The property offers positive monthly cash flow, a triple-net lease structure, contractual rental income, and limited landlord operating responsibilities--an attractive combination for investors seeking a stabilized commercial real estate asset without the uncertainty and expense associated with lease-up. Strategically located less than one mile from the local hospital with convenient access to I-10 and major Crestview corridors, the complex is positioned within a growing Northwest Florida market. INVESTMENT HIGHLIGHTS: 100% occupancy " Long-term tenants " Approximately 15,000 SF " Three approximately 5,000 SF suites " NNN lease structure " Positive monthly cash flow " Contractual rent growth " Minimal landlord responsibilities " Well-maintained property " No known significant deferred capital expenditures " Excellent hospital and I-10 proximity. This is an opportunity to acquire more than commercial real estate -it is an established income-producing investment with tenants, leases, and cash flow already in place.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
1.97
-
Lot Size(square feet)
85,813
-
Property Type
Commercial Sale
Price
-
Sales Price
$5,900,000
-
Zoning
Professional
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
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Location
County
Okaloosa
Elementary School
Middle School
High School
Listing Courtesy of Kim D Francks, ERA American Real Estate
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