211 West Pine Lake Drive
Investment Sale 8.4% Cap Rate
Investment highlights
NAI Wisinski presents the investment sale of a single-tenant medical office building ideally situated on W Pine Lake Drive in Newaygo, Michigan. The property consists of approximately 8,726 SF with an additional 1,290 SF basement and is 100% leased to Corewell Health.
This well-maintained asset serves as the primary urgent care destination for Newaygo and the surrounding communities, and also accommodates family medicine/primary care and physical therapy services. Corewell Health is a leading healthcare provider in Michigan, operating a comprehensive, patient-centered care model and employing a large regional workforce—providing strong tenant stability and long-term credit strength.
Property features and investment highlights:
- 100% occupied single-tenant medical office (Corewell Health) Lease expies 10/31/2031
- Total building area: 8,726 SF; basement: 1,290 SF
- Premier medical use: urgent care hub plus primary care and physical therapy
- Prominent exposure: high-visibility pylon sign on W Pine Lake Drive
- Excellent vehicle access and strong placement within a successful mixed-use development
- Attractive, well-maintained architecture and clinical buildout tailored to healthcare operations
This offering presents a compelling opportunity to own a stabilized medical office leased to a high-credit regional health system in a primary community location.
Contact NAI Wisinski for pricing, lease details, and to schedule a tour.
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