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33264180

West Main Street, Kalamazoo, MI 49006

JS
CA 02074212
CrownPoint Partners
DB
CA 02108110
CrownPoint Partners
Listed by CrownPoint Partners
$830,000
21 days on market
Updated 8 days ago

Corporate DSO Guarantee | 15 Yr Abs Net

Details
Property Type Retail, Office
Sub Type Medical Office
Square Footage 1,900
Net Rentable (SqFt) 1,900
Cap Rate 7.23%
NOI $60,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Lease Options 2-5
Year Built 1982
Year Renovated 2026
Buildings 1
Acreage 0.300
Tenant Credit Corporate Guarantee
Ground Lease No

Corporate Guarantee from National Dental Support Organization (DSO)

Investment highlights

Positioned Along West Main Street (M-43), A Major Commercial Corridor With Direct Access To US-131 Within Approximately 1 Mile

• Less Than 10 Minutes To Downtown Kalamazoo Providing Access To Government Offices, Dining, And Business Services

• Approximately 2 Miles From Western Michigan University, Serving Over 17,000 Students And Staff

• Near Ascension Borgess Hospital And Bronson Methodist Hospital Supporting Strong Daytime Population And Medical Demand

• Surrounded By National Retailers Including Meijer, Target, ALDI, And Home Depot Within A Short Drive

• Located Within A Dense Residential Trade Area West Of Downtown With Consistent Consumer Traffic

• High Visibility Corridor With Signalized Intersections And Multiple Points Of Ingress And Egress • Strong Daytime Employment Base Supported By Education, Healthcare, And Manufacturing Sectors

Listing Contacts

JS
CA 02074212
CrownPoint Partners
DB
CA 02108110
CrownPoint Partners
Listed by CrownPoint Partners

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Loan Amount
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$60,000.00
$5,000.00/mo

Valuation Metrics

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DSCR
7.23%
Cap Rate
7.23%
ROI

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