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Investment Highlights

  • The property consists of two well-maintained office buildings totaling 18,426 square feet on 4.84 acres with 117 shared parking spaces.
  • In-place leases extend through 2027–2030, with Mercy Health North occupying over half of the rentable area.
  • The property is located along Secor Road near Kroger Marketplace, benefiting from strong traffic counts and surrounding retail and service amenities.
  • The tenant roster includes Mercy Health North and other medical and professional users, supporting stable cash flow and credit tenancy.
  • The asset produces approximately $176,194 in net operating income, with financials available upon execution of a confidentiality agreement.

Executive Summary

Aspen Grove Village is a two-building office investment totaling approximately 18,426 square feet on 4.84 acres in Bedford Township (Lambertville), Michigan. The property is offered at $2.4 million and is primarily leased to medical and professional tenants, including Mercy Health North, with one 1,132-square-foot vacancy. The asset generates approximately $176,194 in NOI with in-place leases extending through 2027–2030, providing stable income with near-term upside through lease-up of the remaining vacancy.

Property Facts

Price $2,400,000
Price / SF $128.68 / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 18,651 SF
Total Land Area 5.54 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
7581 Secor Rd, Lambertville, MI 48144 Office 13,617 SF 2004 -
Aspen Green Village
7555 Secor Rd, Lambertville, MI 48144
Office 5,034 SF 1988 -
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  • Listing ID: 39923393

  • Date on Market: 3/26/2026

  • Last Updated:

  • Address: 7555 & 7581 SECOR ROAD, Lambertville, MI

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