11872 Sunrise Valley Drive presents an opportunity to acquire two fully leased, first-floor commercial condominiums totaling approximately 2,796 square feet. Offered at $999,000, the property generates a net operating income of $77,412.42, providing investors with an attractive 7.75% capitalization rate and stable rental income from two established medical tenants with lease terms extending through 2031 and 2032.
With both condominiums fully leased to healthcare-related tenants, this offering provides investors with immediate income, long-term lease stability and limited near-term rollover risk.
Investment Highlights
Offered at $999,000
Net operating income of $77,412.42
7.75% capitalization rate
Two individual commercial condominium units
Approximately 2,796 square feet combined
100% leased to healthcare-related tenants
Long-term leases extending through 2031 and 2032
Both suites located on the first floor
Suite 101: Approximately 2,000-square-foot dental office with five operatories
Suite 100: Approximately 796-square-foot integrative medicine office
Specialized medical and dental buildouts
Immediate rental income with limited near-term lease rollover
Opportunity to acquire two income-producing condominiums in a single transaction