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Medical Suites Investment Properties

Listing Number: 6401-306033

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Listing Details

Medical Suites Investment Properties
Price: $900,000
Location: Port St. Lucie, St. Lucie County, Florida
  • Down Payment: $900,000
  • Sales: $0
  • Seller's Discretionary Earnings: $0
  • Inventory: $0
  • Furniture, Fixtures, and Equipment: $0
  • Rent: $6,473
  • Employees:
  • Year Established: 2009
  • Reason for Selling: Retirement

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Business Description

MEDICAL OFFICE INVESTMENT OPPORTUNITY
3,559 SF | Two Leased Medical Suites | $900,000 Asking Price
Established Medical Tenants • Strong Visibility • Excellent Parking • Long-Term Leases
An excellent opportunity to acquire two fully leased medical office suites totaling 3,559 SF within a professional office building prominently positioned along a major thoroughfare with excellent frontage and convenient parking.
The suites are occupied by an established Chiropractor and Health & Wellness practice. Other tenants in the building are medical related. 
Investment Highlights

  • 3,559 SF total medical office space
  • $900,000 asking price
  • $77,676 annual base rental income
  • $14,004 annual CAM income
  • $91,680 combined annual rent + CAM
  • Approximately $252.00/SF asking price
  • Approximately 8.63% cap rate based on current base rental income of $77,676
  • Tenants currently leased through 2030
  • One suite includes a 1–5 year renewal option
  • Excellent frontage on a major thoroughfare
  • Ample, convenient parking
  • Professional medical office environment
  • Multiple healthcare specialties provide tenant diversification
Suite Details
Suite 1 — 2,459 SF
Annual Base Rent: $50,676
Annual CAM: $6,000
Lease Expiration: April 15, 2030
The tenant is responsible for janitorial services, natural gas, electricity, lighting, oil, waste charges, cable/internet services, and other utilities and operating expenses as provided under the lease.
 
 
Suite 2 — 1,179 SF
Annual Base Rent: $27,000
Annual CAM: $8,004
Lease Expiration: June 1, 2030
The lease includes a 1–5 year renewal option.

Tenant Profile
The property benefits from a diverse healthcare-oriented tenant mix, including practices specializing in:
  • Radiation & Oncology
  • ENT & Allergy
  • Two Internal Medical Practices
  • Chiropractic
  • Wellness Services

The combination of established medical uses and a professional office setting may provide an attractive environment for continued medical occupancy.
Location & Property Features
The suites are located within a professional office building with excellent visibility and frontage along a major thoroughfare. Convenient parking supports both medical professionals and their patients, while the professional setting is well suited to healthcare and wellness practices.

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