Listed by Altitude Commercial Real Estate
$1,800,000
NNN McLaren | Recently Extended Through 2033
Details
APN 14-060-00-004-00
Property Type Office
Sub Type Medical Office
Square Footage 9,796
Units 3
Cap Rate 8.04%
NOI $144,684
Occupancy 100%
Brand/Tenant McLaren
Lease Type NNN
Lease Expiration 10/31/2033
Remaining Term 7.3
Rent Bumps Yes
Price per SqFt $184
Acreage 0.830
Zoning OS
NNN MCLAREN | RECENTLY EXTENDED THROUGH 2033
Marketing description
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.
Investment highlights
Just extended an additional 5 years
9,796 SF building
Built in 2010
Prime Mount Pleasant location
100% occupancy
Investment Grade Tenant
Listing Contacts
Listed by Altitude Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$144,684.00
$12,057.00/mo
Valuation Metrics
0
DSCR
8.04%
Cap Rate
8.04%
ROI
Map
Zoning
OS CommercialOfficeOffice Service District
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View all 158 uses Last updated Feb 20, 2026 For deeper zoning details, reports are available at Zoneomics
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