800 E Milham Ave | Portage, MI 49002
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- LoopNet Team
800 E Milham Ave
Portage, MI 49002
Office Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Occupied | Two Tenant | Medical Office Property | NNN Leases
- Restorative Therapy (~10%) GLA 5 Year NNN Lease Commenced 2/2021; (2) Five Year Renewal Options; 2% Annual Rent Escalations
- Average Household Income Within 5 Miles: $73,500
- Senior Care Partners PACE (90% GLA) 12.6 Years Remaining on Initial Lease NNN Lease Term; (1) Ten Year Renewal Option; CPI Annual Rent Escalations
- Ease of Access to I-94 (VPD 90,000) | Adjacent to Core Retail Corridor on S Westnedge
- Kalamazoo-Portage-Battle Creek CSA tied for 3rd Largest CSA in State of Michigan; Ranked 86th in US (Population 503,706 in 2020)
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
21,480 SF
Building Class
B
Year Built/Renovated
1992/2019
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,740 SF
Slab To Slab
10’
Building FAR
0.25
Lot Size
1.98 AC
Zoning
OS-1
Parking
135 Spaces (7.42 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Basement
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 10-00010-080-A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,617,800 |
PROPERTY TAXES
Parcel Number
10-00010-080-A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,617,800
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