Turnkey NNN Med Spa Investment – Downtown Fenton, MI
116 Mill Street | Fenton, MI 48430
Outstanding opportunity to acquire a modern two-story NNN investment property in the heart of Downtown Fenton’s thriving retail and dining district. Built in 2018, this 5,632 SF freestanding building features premium architecture, high-end finishes, and excellent street visibility at the corner of Mill and Adelaide Streets.
The property is 100% leased to Cosmetic Skin & Laser Center, a proven multi-location Med Spa operator with 20+ clinics nationwide, under a NNN lease through March 2029 with 3% annual increases. Tenant covers all expenses, providing passive, low-maintenance income with an annual NOI of $118,450.
Located within the Central Business District (CBD), the property benefits from strong demographics, ample municipal parking, and proximity to popular restaurants, boutiques, and lifestyle amenities in one of Michigan’s fastest-growing downtowns.