905 Clingan Ridge Dr Cleveland, TN 37312

This exceptional investment opportunity presents a 7,284 square foot medical office building in Cleveland, Tennessee, fully leased to a credit-rated national dialysis care center under a 10-year NNN lease with 9 years remaining. The property boasts a 5.50% cap rate and a strong net operating income (NOI) of $213,950, with built-in rent bumps ensuring consistent income growth. Situated on a 1.59-acre lot at 905 Clingan Ridge Dr NW, Cleveland, TN 37312, the building was constructed in 1997 and is zoned CH1.59. The tenant, a well-established national company, provides significant stability and security for investors. The lease includes two lease options, further enhancing the long-term value of this asset. The property's location in a rapidly growing area of Cleveland, Tennessee, contributes to its strong investment potential. The asking price is $3,890,000, translating to a price per square foot of $534.05. This is a prime opportunity for investors seeking a stable, high-performing asset in the healthcare sector. The property offers a secure and predictable income stream, making it an attractive addition to any diversified portfolio.