250k Price Reduction! Medical Practice + Real Estate fairfax county va

Alexandria, VA (Fairfax County)

250k Price Reduction! Medical Practice + Real Estate fairfax county va
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Asking Price: $850,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 1993

250k Price Reduction! Medical Practice + Real Estate fairfax county va

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Business Description

NEW PRICE 850K! 250K PRICE REDUCTION! Commercial condo + medical prac

Office condo consisting of 2 combined suites (Suite 8 and 9) with a total area of 2779 sq ft. in a great location. Walking distance to Inova Mount Vernon Hospital. Ground floor units with great visibility. Brick exterior. Abundant parking. Has 2 entrances and 2 reception areas, multiple offices and exam rooms, 2 restrooms, one lab, one kitchen area and ample storage space. All furniture and equipment will convey. Total taxes for 2017 was $6,897.45. Condo fee is 583.51 per month for the 2 units and includes water and outside maintenance. Zoned C-5. Additional income is generated from two specialty medical professionals who are currently subleasing space.

This is a well established primary care medical practice in the area for over 30 years. The current owner took over the practice in 1998. There is one full time family practice physician and one part time internal medicine physician with about 1500 active patients. Age range from 6 years old and older but the majority are adults. Payer mix consist of Medicare, Tricare, most major commercial insurances and self pay. Athenahealth EMR and billing. Quest lab with a phlebotomist is in house. Allergy testing and immunotherapy is offered in conjunction with United Allergies. Well trained professional staff most of whom has been with the practice for over 10 years will remain with the practice after the sale. Seller is happy to stay for a negotiable period of time to transition the new buyer and ensure a smooth handover.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
2,779
Employees:
4
Facilities:
all doctor tables, office tables, office cabinets, & fixtures, reception furniture convey. floor plan & inventory in attached documents
Growth & Expansion:
Fairfax county is the most populous county in VA. Business market mirrors its residential housing market, which combines the best of in- and out-of-city real estate. Its a great option for families who want to combine big city living w/ suburban safety & quality of life. The career options are varied, home values are solid & there is an emphasis on education. More than half of adult residents in Fairfax have earned a bachelor’s degree or higher. It was first U.S. county to reach a six-figure media household income. Fairfax is close to Washington DC & MD
Support & Training:
physician will stay for a negotiable period of time to transition the new owner and staff will remain and train additional staff if needed.
Reason for Selling:
retirement
Franchise:
This business is an established franchise
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Business Listed By:
Marlon Deausen

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