Established rental income. Significant improvements already completed. Dedicated parking for patients, clients, and staff. 2532 Spring Arbor Road offers an opportunity to acquire an extensively renovated medical and professional office property with existing triple-net leases and additional space available for income growth or owner occupancy. Situated on approximately 1.21 acres, the property combines a multi-suite layout with substantial private parking and direct access from Spring Arbor Road. Approximately $420,000 has been invested in renovations and property improvements, including accessibility upgrades, a replacement roof installed with a 10-year warranty, a new asphalt parking lot, and extensive interior reconstruction. Improvements include new walls, flooring, paint, and bathrooms, creating a largely move-in-ready professional environment without requiring a buyer to undertake the same renovation program. The parking is a defining feature—not simply an added convenience. The expansive on-site lot and dual-drive access provide dedicated parking for patients, visitors, and employees directly at the property. For appointment-based businesses, this offers a practical alternative to locations dependent on street parking, public lots, or parking separated from the building. The Spring Arbor Road setting places the property within Jackson’s established professional community, with nearby healthcare practices supporting its appeal for medical, behavioral health, counseling, and other professional office uses. The multi-suite configuration allows an investor to retain multiple occupants or an owner-user to occupy available space while continuing to receive rental income from the leased areas. Existing leases cover approximately 4,030 square feet at $22 per square foot annually, triple net—approximately $88,660 in annual base rent. The leases have five-year terms and 2% annual rent increases, providing contractual rental growth. Operating-expense reimbursements are additional and governed by the individual leases. The remaining space offers an opportunity to increase income through additional leasing. Ownership projects approximately $122,000 in annual base rent at full occupancy, subject to final rentable-area verification and execution of the remaining leases. This is a full-occupancy projection, not current income or a representation of net operating income. Ownership also reports approximately $172,000 in transferable Brownfield redevelopment benefits, expected over approximately ten years. This provides an additional potential economic benefit beyond rental revenue, subject to the governing reimbursement agreement, remaining balance, payment schedule, and assignment provisions. At the $1,500,000 asking price, existing annual base rent of approximately $88,660 would support an estimated 5.9% current cap rate, increasing to a projected 8.1% cap rate at full occupancy based on approximately $122,000 in annual base rent. These estimates assume operating expenses are fully recovered through the triple-net leases and no additional landlord-paid operating costs remain; any unreimbursed expenses would reduce the actual cap rates. Existing leases include 2% annual rent increases, providing contractual income growth, while the transferable Brownfield benefit represents additional value not included in these calculations.