Medical Spa Office Building with NNN
2139 NE 2nd St Ocala Ocala, FL 34470
2139 NE 2nd St Ocala, Ocala, FL, 34470
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For Sale
Contact for pricing
Turnkey, fully leased medical spa office building with a new 10-year absolute triple net lease and scheduled escalations through 2035.
Property Size3,634 SF
Price / SF$316.46
Days on Market385
Property Features for 2139 NE 2nd St Ocala
General Information
- Standard status
- Active
- Size
- 3,634 SF
- Property subtype
- Office
Building Details
- Year Built
- 1986
Listing agency
Akin Realty Company
(352) 266-7795
Listed by
Fran Akin · License #BK544440
Source
Crexi
Added: Jul 2, 2025 Updated: Jul 20 at 6:44PM Checked: Jul 21 at 2:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Akin Realty Company
Investment Insights
Based on property information with market context.
This turnkey medical spa office building is fully leased and offered as an absolute triple net investment. The property totals 3,634 square feet on 1.04 acres and was originally constructed in 1986, with major renovations completed in 2013. A new 10-year absolute triple net lease is in place with Lifestyle Solutions MedSpa, an operator that has been operating at this same location since 2004.
The lease includes annual escalations through 2035, along with four additional 5-year extension options. The building is located in the 2nd Street Professional Center and is described as being near retail establishments, banking facilities, dining options, and residential neighborhoods.
Zoned RO & R-3 in Marion County, the tenant operates multiple locations and the offering notes that tenant operations must not be disturbed during the showing and sale process.
The lease includes annual escalations through 2035, along with four additional 5-year extension options. The building is located in the 2nd Street Professional Center and is described as being near retail establishments, banking facilities, dining options, and residential neighborhoods.
Zoned RO & R-3 in Marion County, the tenant operates multiple locations and the offering notes that tenant operations must not be disturbed during the showing and sale process.
Key Highlights
- 3,634 SF medical spa office building on 1.04 acres, fully leased under a new 10‑year absolute triple net lease
- Tenant has operated at the same location since 2004; lease includes annual escalations through 2035 plus four 5‑year extension options
- Building constructed in 1986 with major renovations completed in 2013
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $136.5k | $37.56 |
| − Vacancy | −$11.2k | −$3.08 |
| EGI | $125.3k | $34.48 |
| − OpEx | −$31.3k | −$8.62 |
| NOI | $94.0k | $25.86 |
3,634 SF · lease $37.56/SF/yr · vacancy 8.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.34M
$1.17M – $1.57M
NOI $93,975 @ 7.0% cap · market cap 8.17%
Second Best
Healthcare Medical
$618.9K
$541.5K – $722.0K
NOI $43,322 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$1.98M
$1.74M – $2.32M
NOI $138,911 @ 7.0% cap · market cap 12.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Griffin Insurance Agency
Insurance Agency
Anna Brantley, Griffin ...
Insurance Agency
Lifestyle Solutions MedSpa
Spa & Massage Center
Dr. Michael M. ...
Physician
Similar For Sale Nearby
Similar Off Market Nearby
- Loving Arms Birth and Wellness Center — 1111 NE 25th Ave Ste 201, Ocala, FL 34470
- Element Spin Studio — 2633 E Silver Springs Blvd, Ocala, FL 34470
- Therapeutic Touch Aesthetics and Bodywork — 2119 E Fort King St, Ocala, FL 34471
FAQs
What type of property is this?
Spa & wellness property - Turnkey, fully leased medical spa office building with a new 10-year absolute triple net lease and scheduled escalations through 2035.
Where is this spa & wellness property located?
The property is located at 2139 NE 2nd St Ocala Ocala, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 3,634 SF medical spa office building on 1.04 acres, fully leased under a new 10‑year absolute triple net lease; Tenant has operated at the same location since 2004; lease includes annual escalations through 2035 plus four 5‑year extension options; Building constructed in 1986 with major renovations completed in 2013
