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33825959
33825947

211 West Pine Lake Drive, Newaygo, MI 49337 For Sale

CP
MI 6501330745
NAI Wisinski of West Michigan - Grand Rapids
NAI Wisinski of West Michigan
NAI Wisinski of West Michigan
Listed by NAI Wisinski of West Michigan - Grand Rapids, NAI Wisinski of West Michigan
$1,875,000
14 days on market
Updated 14 days ago

211 West Pine Lake Drive

Details
Property Type Office
Sub Type Medical Office
Square Footage 8,726
Cap Rate 8.40%
Occupancy 100%
Year Built 1996
Acreage 2.170
Zoning B-2
Parking Spaces 62 spaces
Parking per 1,000 SqFt 7.11

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.

Listing Contacts

CP
MI 6501330745
NAI Wisinski of West Michigan - Grand Rapids
NAI Wisinski of West Michigan
NAI Wisinski of West Michigan
Listed by NAI Wisinski of West Michigan - Grand Rapids, NAI Wisinski of West Michigan

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