Fully Leased Medical Office Condo | Prime Frisco Location
Medical Condo | 6.75% CAP
Marketing description
Excellent opportunity to acquire a fully leased, income-producing medical office condo in the highly desirable market of Frisco, Texas. This ±1,600 SF professional suite, built in 2017, is ideally located at the signalized intersection of State Highway 121 and Independence Parkway, offering exceptional visibility, accessibility, and strong surrounding demographics.
The property is 100% leased to an established medical tenant, with a new 5-year lease extension currently in progress, providing investors with stable cash flow and long-term income security. This turnkey investment is well-suited for passive investors seeking reliable returns in a high-growth, healthcare-driven corridor.
The suite features a functional layout including a reception area, private offices, conference room, bullpen workspace, and restrooms, along with high-quality finish-out and modern construction. Strategically positioned with direct access to State Highway 121 and the Dallas North Tollway, the property benefits from strong population growth, proximity to major healthcare providers, and a dense residential base.
👉 A stabilized, low-management investment with long-term upside in one of North Texas’ most dynamic submarkets.
Investment highlights
100% Leased to an established medical tenant
New 5-year lease extension in progress
Provides stable cash flow and long-term income security
Ideal for passive investors seeking reliable returns
Located in a high-growth, healthcare-driven submarket
🏢 Property Features
- Functional and efficient layout:
- Reception area
- Two private offices
- Large conference room
- Bullpen workspace
- Two restrooms
- High-quality interior finish-out
- Modern construction (2017)
- Includes fixtures, furniture, and equipment
📍 Location Advantages
- Direct access to State Highway 121 and Dallas North Tollway
- Positioned in a high-traffic, signalized intersection
- Surrounded by:
- Major healthcare providers
- Retail centers
- Dense residential communities
- Benefits from strong demographics and continued population growth
💼 Investment Positioning
This asset represents a turnkey, stabilized investment with:
- Long-term tenant commitment
- Minimal management requirements
- Exposure to the growing healthcare sector
👉 Ideal for investors seeking predictable income with upside from market growth
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
