Independence Medical Center 5501 Independence Pkwy 606 - 17,587 SF of Space Available in Plano, TX 75023

Independence Medical Center ("IMC") is a multi-tenant,3-story medical office building well located in the heart of Plano, TX at the hard corner of Independence Parkway and Spring Creek Boulevard. The property was built in 1986 and renovated in 2019-2020. IMC has approximately 57,478 SF and sits on 3 acres of land surrounded by retail, residential, and nearby hospitals. The property currently has 28 suites and a large atrium with a glass skylight offering tons of natural light. Upon, acquisition, current ownership spent significant capital waterproofing the building, improving the landscaping, and modernizing the restrooms and lobby by adding new flooring, lighting, furniture, wall decor, good walls, and a digital directory. IMC is near several hospitals: 5.2 miles from Baylor Scott & White, The Heart Hospital - Plano,3.6 miles to the Medical City of Plano,and 5.1 miles to TexasHealth Presbyterian Hospital of Dallas. Most tenants are currently on NNN leases and the property sits at about 83%occupancy. There is significant room to improve the performance of the asset by filling the remaining vacancies. Independence Medical Center is being offered for sale on a fee-simple, free, and clear basis. *Rooftop rights were sold by a previous **Listing broker has an ownership interest in this property