Investment Overview
Wellington Medical Office Building presents a compelling investment opportunity in a freestanding Office / Medical asset configured for healthcare and professional users. The 12,110 SF building includes 5 units and is currently 31% occupied, offering a balance of in-place tenancy and upside potential.
Built in 2006 and renovated in 2026, the property features a one-story brick exterior, paved surface parking with 60 spaces, handicap accessibility, and individual HVAC for each suite. Zoned Office and Medical, the building is well suited for a range of medical and office uses. Its good condition, professional presentation, and functional layout position this asset as an attractive addition to an investor’s portfolio.
Investment Highlights
- 12,110 SF freestanding office and medical building
- Generating 2026 $53,000 in NOI (2 new tenants signed)
- Five-unit configuration supporting diversified tenancy
- 50% occupied with in-place income and lease-up potential
- Built in 2006 and renovated in 2026
- One-story layout suited for medical and professional users
- Zoned for office and medical use
- Brick exterior with professional presentation
- Good condition asset with functional design
- 60 surface parking spaces on site
- Approximately 5.0 parking spaces per 1,000 square feet
- ADA-accessible property with designated accessible parking
- Individual HVAC systems serving each suite
- Paved parking in a convenient U-shaped layout
- Class B investment opportunity for office and medical ownership