MyEyeDr. Medical Office | 8% Cap

Highlights:

• • Income-producing medical office with in-place cash flow
• • Leased to MyEyeDr. Optometry, a national vision care platform
• • Approximately 2 years remaining on current lease term with defined rollover
• • Two (2) three-year renewal options providing future income upside
• • Modified gross lease with strong expense pass-throughs, including reimbursement of real
• estate taxes and operating costs
• • Operational flexibility
• • Positioned for renewal, re-tenanting, or owner-user conversion
• • Located within an established retail and service corridor with consistent local and regional
• demand

Description:

This offering presents a stabilized, income-producing medical office asset with defined near-
term lease rollover, creating a clear path for renewal, re-tenanting, or owner-user repositioning.
Fully renovated with addition (2003), single-tenant medical office building leased to MyEyeDr.
Optometry, a national retail vision care platform with 800+ locations across the U.S. The
property offers immediate in-place income with a defined near-term opportunity for renewal,
repositioning, or owner-user conversion.
The tenant currently operates under a remote exam model, reflecting broader industry trends in
tele-optometry and provider efficiency. This operational structure supports continued use of the
location while creating a clearly defined future decision point for ownership.
Situated in Cortland, Ohio within the Youngstown-Warren MSA, the property is positioned in an
established service-oriented corridor with consistent local demand and accessibility to
surrounding communities.
The lease structure provides a balance of income stability and operational flexibility. Tenant
responsibilities include real estate taxes, utilities, and operating cost reimbursements, while the
landlord retains responsibility for structural components and major systems. The lease permits
the tenant to discontinue operations without default, provided rent obligations continue, and
allows assignment to affiliated entities.
Beyond the in-place income, the property is zoned in a commercial ‘Service District’ supporting a
wide range of medical, retail, and commercial uses, significantly enhancing long-term
adaptability and exit optionality.

Located in an established service-oriented corridor in Cortland, Ohio within the Youngstown-Warren MSA, offering strong regional roadway access and stability from national retail anchors.

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