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320 W Redstone Ave 15,000 SF 100% Leased Office Building Crestview, FL 32536 $5,900,000 ($393.33/SF)
Investment Highlights
- 100% occupied with established tenants
- Less than one mile from the local hospital
- Strong visibility and accessibility
- Long-term lease agreements in place
- Convenient access to I-10
- Attractive asset for an investor seeking healthcare-related commercial real estate
Executive Summary
STABILIZED MEDICAL OFFICE INVESTMENT | 15,000 SF | CRESTVIEW, FL
INVESTOR OPPORTUNITY – FULLY OCCUPIED MEDICAL OFFICE COMPLEX WITH ESTABLISHED TENANCY
An excellent opportunity to acquire an income-producing 15,000-square-foot medical office complex in Crestview, Florida, currently configured into three individually designed medical office suites of approximately 5,000 square feet each.
The property offers an attractive diversified tenant structure, with all three suites currently occupied by established medical tenants. This provides an investor with multiple income sources rather than reliance on a single occupant, while offering existing rental income from day one.
The property's medical-office configuration provides flexibility for a variety of healthcare and professional uses and may appeal to investors seeking a stabilized commercial asset with established occupancy and long-term tenancy. CONFIDENTIAL INVESTMENT INFORMATION
Qualified investors are encouraged to request the current rent roll, lease abstracts/lease agreements, operating expenses, and available financial documentation to evaluate the property's income stream, lease structure, expenses, and overall investment potential. Additional information will be provided to qualified prospects upon request. For additional information or to discuss the investment opportunity, contact: Kim Francks, Real Estate Advisor 850-803-6588
INVESTOR OPPORTUNITY – FULLY OCCUPIED MEDICAL OFFICE COMPLEX WITH ESTABLISHED TENANCY
An excellent opportunity to acquire an income-producing 15,000-square-foot medical office complex in Crestview, Florida, currently configured into three individually designed medical office suites of approximately 5,000 square feet each.
The property offers an attractive diversified tenant structure, with all three suites currently occupied by established medical tenants. This provides an investor with multiple income sources rather than reliance on a single occupant, while offering existing rental income from day one.
The property's medical-office configuration provides flexibility for a variety of healthcare and professional uses and may appeal to investors seeking a stabilized commercial asset with established occupancy and long-term tenancy. CONFIDENTIAL INVESTMENT INFORMATION
Qualified investors are encouraged to request the current rent roll, lease abstracts/lease agreements, operating expenses, and available financial documentation to evaluate the property's income stream, lease structure, expenses, and overall investment potential. Additional information will be provided to qualified prospects upon request. For additional information or to discuss the investment opportunity, contact: Kim Francks, Real Estate Advisor 850-803-6588
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Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
15,000 SF
Building Class
C
Year Built
2002
Price
$5,900,000
Price Per SF
$393.33
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,000 SF
Building FAR
0.17
Lot Size
1.97 AC
Zoning
commercial - Commercially positioned medical office property currently operating as a 15,000-square-foot, multi-tenant medical office complex.
Amenities
- 24 Hour Access
- Signage
- Wheelchair Accessible
- Reception
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 29-3N-23-0440-0300-0010 | Improvements Assessment | $1,427,557 |
| Land Assessment | $448,484 | Total Assessment | $1,876,041 |
Property Taxes
Parcel Number
29-3N-23-0440-0300-0010
Land Assessment
$448,484
Improvements Assessment
$1,427,557
Total Assessment
$1,876,041
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Contact the Sale Advisor
320 W Redstone Ave