The property benefits significantly from its location in Warsaw, recognized as the "Orthopedic Capital of the World," and is home to major industry players such as Zimmer Biomet, DePuy Synthes, and OrthoPediatrics.
The subject property boasts 100% occupancy with two established tenants, Tri-State Optical and CleanSlate Medical. Both tenants have an attractive occupancy history and their current leases extend through 2029, providing stable income. They pay an average rent of $15.10 per square foot and are responsible for reimbursing all operating expenses. Further enhancing the long-term value, both Tri-State Optical and CleanSlate Medical have a five-year option to renew their leases, which includes annually increasing rents.