Medical Use Property 577 Brookmeade Dr 10,666 SF 100% Leased Office Building Crestview, FL 32539 $2,200,000 ($206.26/SF)

10,200 SF freestanding medical building directly across the street from North Okaloosa Medical Center, the only operating hospital between Pensacola and Fort Walton. Purpose-built for outpatient medical use, currently operating as one, and sitting on a 1-acre corner in the fastest-growing corridor of the Panhandle. The primary suite (6,800 SF) is on a below-market gross lease through May 2028, after which the lease requires repricing to market rent. The companion suite (3,400 SF) is available to a new owner within 90 days of closing under existing lease terms. You inherit contracted income covering carry, and you step into a mark-to-market reset conversation in 21 months. The submarket is at 1.9% MOB vacancy per CoStar Q1 2026, so the reset has real teeth. This property offers medical-grade plumbing, aquatic therapy pool, treatment build-out, ADA-compliant restrooms, dual-meter utility separation, 40 parking spaces, and an ongoing maintenance program. Steel-frame construction, 2015 remodel, replacement cost $2.685M per current insurance carrier. Zoned mixed-use, within Crestview city limits.
Full document package available upon request. Call or text Todd at 850-797-0627 for more questions or to schedule a tour.