Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1986
Sq.Footage
3,634
PRIME INVESTMENT OPPORTUNITY - 100% LEASED WITH 7% CAP RATE. Exceptional turnkey investment property offering immediate income with zero landlord responsibilities. Fully leased 3,634 square foot medical spa office building on 1.04 acres. The property features a new 10-year absolute triple net lease with Lifestyle Solutions MedSpa, a strong operator that has been successfully operating at this same location since 2004, demonstrating proven stability and commitment to the area. The lease includes annual escalations through 2035 plus four additional 5-year extension options, providing long-term income security and growth potential. Originally constructed in 1986, the building underwent major renovations in 2013, ensuring modern functionality and appeal. Located in the 2nd Street Professional Center, this property benefits from close proximity to popular retail establishments, banking facilities, dining options, and residential neighborhoods, creating a strong tenant base and ensuring continued demand. The tenant operates two successful locations and represents a reliable income stream with no management headaches for the investor. Zoned RO & R-3 in Marion County. Please note that tenant operations must not be disturbed during the showing and sale process.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Central
Exterior
-
Garage
No
-
Construction Materials
Frame, Wood Siding
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
1.04
-
Property Type
Commercial Sale
-
Property Sub Type
Office
Price
-
Sales Price
$1,150,000
-
Tax Amount
9204.01
-
Sq. Footage
3, 634
-
Price/SqFt
$316
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Foundation Details
Slab
-
Ownership
Other
-
Sewer
Public Sewer
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Location
County
Marion
Elementary School
Middle School
High School
Listing Courtesy of Fran Dann-Akin , AKIN REALTY COMPANY
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Business Coach | Executive Sales Associate | Realtor®
MichaelGraf
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