Wellington Medical Office Building

4006 Wellington St, Greenville, TX 75401

Accepting Offers
Wellington Medical Office BuildingWellington Medical Office BuildingWellington Medical Office BuildingWellington Medical Office Building
Asking Price

$1,700,000

Wellington Medical Office Building

4006 Wellington St, Greenville, TX 75401

Asset Type: Real Estate

Estate: Leasehold

Year Built: 2006

Land Area: 1.37 Acres

Number of Units: 5

Property Size: 12,110 SF

Property Type: Office

Occupancy %: 31

Year Renovated: 2026

Number of Floors: 1

Parking Count: 60

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

Wellington Medical Office Building

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.

Sale FAQs

Investment Sales Broker

Derek Anthony

Derek Anthony

Waypoint Real Estate Advisors

TX License: 677154-B

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXXX

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