Zeustra Healthcare Real Estate Advisors, in conjunction with Johnson Realty Advisors, is pleased to exclusively present the opportunity to acquire a Multi-Tenant Medical Office Building located at 12 Chatham Heights Road, Fredericksburg, VA (the “Property”). The Property consists of two condominium units totaling 17,289 square feet, offering investors 100% ownership of the association.
The Property is secured by two long-term absolute net leases, featuring 3% annual rent escalations, offering investors stable income with strong rental growth. Both tenants are responsible for their association dues and assessments, including a 5% management fee, ensuring a low-maintenance investment with zero landlord responsibilities. The building is well-maintained, making it an attractive opportunity in the highly sought-after Northern Virginia market. The strong tenant mix is anchored by SIEHT, A Falkenberg Eye & Laser Center, owned by Vision Innovation Partners. Vision Innovation Partners operates 56 locations and is partnered with Gryphon Investors, a private equity firm based in San Francisco, CA.