Active

$1,150,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 3634 sq ft
Overview
  • ID: MFRG5099115
  • Bedrooms:
  • Bathrooms: 0
  • Size: 3634 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$1,150,000
HOA Fee:
N/A
Tax Amount:
$9204.01
Price per SqFt:
$316.46
Tax Legal Description:
SEC 16 TWP 15 RGE 22 PLAT BOOK B PAGE 206 ORANGE VIEW SUB N 100 FT OF W 133.33 FT OF S 256.42 FT OF LOT 23
Exterior Features
Lot Size:
45302
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
Carpet, Luxury Vinyl
Levels:
One
Additional Features
Property Sub Type:
Office
Style:
N/A
Year Built:
1986
Construction Type:
Metal Frame, Frame, Wood Siding
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    2139 NE 2ND ST #B
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
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  • After-Sale Support
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