Medical Office Investments

[Mark Choe]

Hey folks

relatively new to commercial investing.   getting started and would appreciate help, insights.   Dallas corporate growth is booming especially north DFW.   

There are office medical buildings for sale.   These are large buildings a developer has built and chunked up into 1000 to 4000 sq feet spaces.  They are brand new built in 2018 or to be built in 2019.     Facts below--

- Near highway access and very close to two major hospitals

- In one of fastest growing cities in DFW

- selling for 215-350 a sq foot.  

I'm looking at buying a smaller space.    

2000 sq feet @ 225 sq feet-  total purchase price - 450k.    Lease to dr at 25 sq feet?   50k annual?   what other costs are there? seem like good return

Questions- 

is medical a good investment in a hot market.  I feel its recession proof and tenants are longer term?

do the economics above make sense and does it seem like a decent deal? 

If renting it, will it rent for 25/sq feet?  to a dr?     

I want low maintenance as well so can we do NNN deal?

How long does it take generally to lease a space like this to a dr?

What is the playbook to make money on these types of deal?   is it the income or flipping it?

anything else I need to know

thanks

mark