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2583 Health Pkwy
Mount Pleasant, MI 48858
NNN MCLAREN | RECENTLY EXTENDED THROUGH 2033 · Office Property For Sale


Investment Highlights
- Just extended an additional 5 years
- Investment Grade Tenant
- 100% occupancy
Executive Summary
Introducing a remarkable opportunity for Medical investors - a 9,796 SF building nestled in the thriving Mount Pleasant area. With 100% occupancy to McLaren Central Michigan, an Investment Grade tenant (Fitch: AA-), this property provides immediate cash flow and long-term appreciation potential. With a specialized buildout and lack of medical office vacancy in Mt. Pleasant (sub 4%), tenancy is sticky and dedicated to the space long-term.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
9,796 SF
Building Class
C
Year Built
2010
Price
$1,800,000
Price Per SF
$183.75
Cap Rate
8.04%
NOI
$144,684
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,796 SF
Building FAR
0.27
Lot Size
0.83 AC
Zoning
OS
Property Taxes
| Parcel Number | 14-060-00-004-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $824,900 |
Property Taxes
Parcel Number
14-060-00-004-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$824,900
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