Asking Price: $6.5 Million

Property Highlights:

• Size: 25,457 sqft commercial building
• Current Tenancy: Fully leased to a reputable NASDAQ-listed company in the medical field
• Lease Type: Triple Net (NNN) lease
• Lease Duration: 5 years with three additional options
• Annual Rent Increases: 4%
• Stability: The tenant has invested significantly in obtaining necessary licenses from the Department of Health, ensuring long-term occupancy

Financial Overview:

• Net Operating Income (NOI): $395,000

This property presents a strong investment opportunity with a stable, high-profile tenant and guaranteed income growth. The lengthy process for licensing in this sector adds an extra layer of security for the investment.