This is a fully-leased, turn-key medical/professional condo generating a true NNN return of nearly 11.75%—tenant pays everything, including taxes, insurance, and CAM. It’s cash flow with zero landlord responsibility. The tenant has operated continuously in this building for over a decade under several medical brands, and is currently a national operator. They’re under lease through February 2026 with steady annual increases. The condo association has recently brought in professional management and is finally building structure—bylaws were updated, and strategic budgeting is in motion. Like many older associations, it had a looser structure for years, but that's changing with Northeast now in place. There’s modest reserve funding in place, but the board is proactively planning for capital items like an elevator upgrade. Any future special assessment is fully passed through to the tenant under the NNN lease