Medical Spa & Nail Lounge with NNN Retail Strip Center
RARE DUAL-ASSET ACQUISITION | ESTABLISHED MEDICAL SPA + NNN RETAIL CENTER | CHICAGO SUBURB, IL
Marketing description
Ideal Buyer: Income investor, medical spa operator, licensed aesthetician, or physician/NP seeking a turnkey platform with an established patient base and immediate expansion capacity.
Acquire a fully operational, physician-supervised medical spa together with the 100% occupied NNN strip retail center it operates within — offered as a single combined transaction at $2,200,000 generating $206,416/year at a 9.38% cash-on-cash yield.
The medical spa features a double board-certified Medical Director on staff, a comprehensive service menu including injectables, tumescent liposuction, ADVATx laser, Opus Plasma, IV therapy, microneedling, and a full luxury nail lounge — with significant untapped revenue potential in massage therapy, medical weight loss, and body contouring. A Nurse Practitioner pursuing Obesity Medicine certification is already in place.
The property is a 10,005 SF -corner NNN center with three national and regional tenants — generating $67,384/year in passive NNN rent. In-place rents sit below market at $11–12/SF versus $16–18/SF comparables, providing built-in upside at renewal.
Investment highlights
RARE DUAL-ASSET ACQUISITION | ESTABLISHED MEDICAL SPA + NNN RETAIL CENTER | CHICAGO SUBURB, IL
Asking Price: $2,200,000 | 9.38% Cash-on-Cash Yield | $206,416 Annual Return
INVESTMENT OVERVIEW
A rare opportunity to acquire a fully operational, physician-supervised medical spa business together with the NNN-leased retail center it operates within — offered as a single combined transaction at $2,200,000. The combined assets generate $206,416 per year ($17,201/month) representing a 9.38% cash-on-cash yield from Day 1. This structure provides a strategic buyer with two distinct, complementary income streams: active business income and passive NNN rent — simultaneously.
THE BUSINESS | ESTABLISHED MEDICAL SPA & LUXURY NAIL LOUNGE
Asking: $200,000 — included in combined price
- $553,089 gross revenue (2025) with $139,032 Seller's Discretionary Earnings
- Physician-supervised practice: Double board-certified Medical Director (anesthesiology & pain management, 30+ years) currently on staff — medical oversight transfers with the sale
- Nurse Practitioner on staff actively pursuing Obesity Medicine certification, positioning the practice for immediate medical weight loss revenue (Semaglutide/GLP-1 programs)
- Comprehensive service menu: cosmetic injectables (Botox/Dysport/Jeuveau, Radiesse, RHA fillers, lip filler), Tumescent Liposuction (360 Lipo), ADVATx dual-wavelength laser, Opus Plasma skin resurfacing, RF & mechanical microneedling, full IV therapy suite (5 hydration drip formulas + 8 vitamin injection protocols), advanced facials, HydraFacial®, chemical peels, hair services, and a full-service luxury nail lounge
- Significant untapped revenue potential: massage therapy, medical weight loss, EMSculpt/body contouring, Morpheus8, and hormone replacement therapy — none currently offered despite existing physician oversight and licensed facility
- Trained staff retained, loyal clientele in place, fully equipped treatment rooms with laser and aesthetic devices — no build-out, no ramp-up, no startup risk
- The single most powerful financial lever: The business currently pays $108,000/year in rent. A buyer who also acquires the property eliminates this expense entirely — converting $9,000/month from a cost into income on Day 1
THE PROPERTY | NNN STRIP RETAIL CENTER
Asking: $2,000,000 — included in combined price
- 10,005 SF NNN strip retail center, 100% occupied, 4 tenants
- Signalized corner with 297 linear feet of frontage — high-visibility, high-traffic location in the Chicago suburban market
- 36,619 SF lot (0.84 acres)
- Three outside NNN tenants generate $67,384/year in passive rent — tenants pay their own taxes, insurance, CAM, and utilities
- Dunkin' — renewed lease through January 2030 ✓
- New Lease — fresh 5-year lease through ~2031 ✓
- Sushi Restauranr — established tenant through May 2027
- Below-market in-place rents at $11–12/SF vs. $16–18/SF market comparables — meaningful rent growth and NOI upside at each renewal cycle
- Projected NOI at market rents: $241,000–$261,000/yr (up to 11.87% yield on $2,200,000)
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