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Medical Office with Long-Term Lease
For Sale
Contact for pricing
Pending

708 E Corsicana St, Athens, TX 75751

Occupied medical facility with a long-term lease and multiple extension options.

Property Size3,303 SF
Days on Market142

Property Features for 708 E Corsicana St

General Information

Standard status Pending
Size 3,303 SF
Property subtype Retail
Occupancy 100%

Additional Details

Gross Income $249,900
Highway Access Yes
Office Units 1

Building Details

Buildings 1
Building Size 3,303 SF
Tenancy Single
Listing Agency: Atlantic Retail Boston
Listed By: Danny Griffin · License #9571654
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 5:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atlantic Retail Boston

Investment Insights

Based on property information with market context.

This 3,303-square-foot medical office building is fully occupied under a lease that began on 3/16/2023. The lease was executed in 2023 for an initial 20-year term and includes four five-year renewal options, providing a defined contractual framework for continued occupancy.

The property is located at 708 E Corsicana Street in Athens, within the downtown area and along Rt 175. Its position on E Corsicana Street places the building within the city’s established commercial setting and supports access for local patrons. The lease also provides for 2% annual increases, including during the renewal periods.

Key Highlights

  • 3,303 SF medical office building
  • 100% occupied since March of 2023
  • 20‑year lease signed in 2023

Property Analytics

Current Use

Gary Goodfried, M.D. Physician Azalea Orthopedics Medical Clinic Justin Bartley, M.D. Physician Total Point Urgent ... Medical Clinic

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

221
Businesses Nearby
Under-served
Demand for This Use

Demographics for 75751, TX

17,100
Population
7,432
Households
2.3
Avg Household Size
39
Median Age
20%
College-Educated
85%
High-School Grad
180.4 sq mi
ZIP Area
95
Density / Sq Mi
$71,524
Median Household Income
$31,897
Median Earnings
$1,063
Median Rent
$205,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Occupied medical facility with a long-term lease and multiple extension options.
Where is this medical office space located?
The property is located at 708 E Corsicana St Athens, TX.
What are key features of this property?
This property features: 3,303 SF medical office building; 100% occupied since March of 2023; 20‑year lease signed in 2023
More about this property
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