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2156 N Lake Forest Dr - Building 8 1,500 - 4,448 SF Medical Condo Units Offered at $726,149 - $2,939,465 CAD Per Unit in McKinney, TX 75071
Investment Highlights
- Located within Lake Forest Medical Park across from Baylor Scott & White Medical Center.
- Surrounded by national retailers and essential services, providing strong access and visibility.
Executive Summary
The property is located at 2168 N Lake Forest Dr., McKinney, Texas, within Lake Forest Medical Park. It is situated in close proximity to Baylor Scott & White Medical Center and near retail amenities including Kroger, Starbucks, McDonald's, and Walgreens. The surrounding area consists of residential neighborhoods and has roadway access via Lake Forest Drive and U.S. Highway 380. The site is part of a broader medical campus environment.
2 Units Available
Unit 800
| Unit Size | 1,500 SF | Condo Use | Medical |
| Price | $726,149 CAD | Sale Type | Investment |
| Price Per SF | $484.10 CAD |
| Unit Size | 1,500 SF |
| Price | $726,149 CAD |
| Price Per SF | $484.10 CAD |
| Condo Use | Medical |
| Sale Type | Investment |
Description
This 1,500 SF medical office condominium is located in the newly constructed Lake Forest Medical Park, a thriving healthcare hub in McKinney, Texas. The property sits directly across from Baylor Scott & White Medical Center, offering medical professionals immediate proximity to a major hospital network and ancillary healthcare providers.
The suite is delivered in shell condition, giving tenants the flexibility to customize layouts and finishes to meet specific operational needs. Surrounded by established practices and wellness providers, the campus creates a synergistic environment for referrals and patient convenience. Easy access to US Highway 380 and major thoroughfares ensures smooth regional connectivity, while nearby retail and dining amenities provide additional convenience for staff and patient
Sale Notes
This offering presents a rare opportunity to purchase a 1,500 SF medical office condominium within a premier McKinney healthcare campus. Occupying Building 8 at Lake Forest Medical Park, the property delivers long-term value for investors seeking stabilized medical tenancy potential or owner-users planning to establish a practice in a high-growth submarket.
The condominium is part of a professionally planned development with multiple complementary medical practices, fostering strong patient traffic and cross-specialty collaboration. Located just across from Baylor Scott & White Medical Center, the property benefits from consistent demand for quality medical space in a corridor marked by residential expansion and high-income demographics. With new shell condition delivery in 2025 and strong area fundamentals, this asset offers both immediate utility and enduring investment security.
Floor Plan
Unit 808
| Unit Size | 4,448 SF | Sale Type | Investment |
| Price | $2,939,465 CAD | Cap Rate | 6.50% |
| Price Per SF | $660.85 CAD | NOI | $191,065.20 CAD |
| Condo Use | Medical |
| Unit Size | 4,448 SF |
| Price | $2,939,465 CAD |
| Price Per SF | $660.85 CAD |
| Condo Use | Medical |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| NOI | $191,065.20 CAD |
Description
Situated within Lake Forest Medical Park, this 4,448-square-foot medical office condominium offers a prime healthcare investment in the growing McKinney market. The property is located directly across from Baylor Scott & White Medical Center within an established medical campus that houses numerous healthcare providers and specialists. Designed for medical use, this modern facility is undergoing a complete buildout to deliver a customized, high-quality environment for its tenant.
The building features a strong parking ratio of 2 per 1,000 square feet and shares premium finishes consistent with the campus aesthetic. Surrounding amenities include national retailers, pharmacies, and restaurants, creating convenience for patients and staff. The area benefits from exceptional demographic trends, including strong income levels and significant residential expansion, ensuring long-term demand for medical services in this market.
Sale Notes
Offered at $2,155,570, this Class A medical office condominium is currently leased to Stonebridge Pediatrics under a new five-year NNN lease commencing June 2026. The lease includes 3 percent annual rent escalations, ensuring predictable income and long-term cash flow stability. This asset provides investors with a low-management opportunity supported by a tenant with an established presence in the McKinney community.
The location within Lake Forest Medical Park provides synergy among complementary healthcare providers, while proximity to Baylor Scott & White Medical Center enhances patient referral potential. Positioned in a market with robust population growth and high household incomes, this property represents a secure addition to any healthcare real estate portfolio, offering immediate yield and minimal operational oversight.
Floor Plan
Property Facts
| Total Building Size | 5,955 SF | Typical Floor Size | 5,955 SF |
| Property Type | Office | Year Built | 2025 |
| Property Subtype | Medical | Lot Size | 0.14 AC |
| Building Class | B | Parking Ratio | 2.02/1,000 SF |
| Floors | 1 | ||
| Zoning | PD - Mixed Use Development | ||
| Total Building Size | 5,955 SF |
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 5,955 SF |
| Year Built | 2025 |
| Lot Size | 0.14 AC |
| Parking Ratio | 2.02/1,000 SF |
| Zoning | PD - Mixed Use Development |
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2156 N Lake Forest Dr - Building 8
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