How would you treat this lesion on the arm of a 58yo male?

This case discussion from Dr Terry Harvey features a 58-year-old male patient who presents for a skin  check with no specific concerns. This lesion is seen on his right arm.

What do you think? What would you do next?

Update

This lesion was fully excised and the histology returned as a basal cell carcinoma arising within a surrounding benign lentigo.