961687 Gateway Blvd Fernandina Beach, FL 32034

This exceptional Class A medical office building presents a compelling investment opportunity in the thriving Fernandina Beach, Florida market. Located at 961687 Gateway Blvd, Suite 101K, 32034, this 1,627 square foot property is currently 100% occupied by Elase Med Spa under an absolute NNN lease expiring December 31, 2033, offering a substantial remaining lease term of 9.1 years. The property boasts a strong 6.77% cap rate and a Net Operating Income (NOI) of $42,302, representing a stable and attractive return on investment. The tenant, Elase Med Spa, commenced occupancy on July 14, 2023, demonstrating recent commitment to the location. This single-tenant stabilized investment offers a low-risk, high-reward opportunity for discerning investors seeking a consistent income stream in a desirable coastal Florida location. The property's prime location within Nassau County ensures high visibility and accessibility, further enhancing its investment potential. This is an exceptional opportunity to acquire a well-performing asset with a long-term lease and significant upside potential in a growing market. The asking price for this turnkey investment is $625,000.