AEG Vision | 9.49% CAP | NNN Lease
Longstanding Optical Practice | 40+ Years at Location
Investment highlights
•Triple Net Lease with Longstanding Optical Practice
- 40 + Year Operating History in the property
•High Yield Medical Investment Property
- 9.50% Cap Rate Provides Strong Cash Flow for Investor
•Passive Ownership Lease Structure
- Tenant Responsible for Taxes, Insurance, and OpEx
•Recent CapEx Completed
- New Roof Installed 2024, Large Interior Remodel 2021
•Excellent Location with Frontage on Allentown Rd.
- 15,300+ VPD | Nearby N. Cable Road Boasts 15,000+ VPD
•Significant Population Density in Immediate Area
- 139,000 Residents within 5 Mile Radius
•Strategic Location Along Allentown Road Corridor
- Major Retail Corridor Includes Walmart and other National Retailers
•Proximity to Major Healthcare Anchors
- Near Mercy Health St. Rita’s & Lima Memorial
•Corporate Lease with AEG Vision
- AEG has Over 500 Locations and 5,000 Optometrists
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