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34390610

Harvey Street, Muskegon, MI 49444 For Sale

JS
CA 02074212
CrownPoint Partners
DB
CA 02108110
CrownPoint Partners
Listed by CrownPoint Partners
$3,428,571
2 days on market
Updated 2 days ago

15 Yr Abs NNN Dental Corporate

Details
Property Type Retail, Office
Sub Type Medical Office
Square Footage 12,174
Cap Rate 7.05%
NOI $240,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Lease Options 2-5
Year Renovated 2026
Acreage 12000.000
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No

MSH | 15 Yr Abs NNN |

Marketing description

Strategically Positioned Along One of the Trade Area's Primary Commercial Corridors with Traffic Counts Exceeding 27,000 Vehicles Per Day

Located Near a Signalized Intersection, Providing Excellent Visibility, Accessibility, and Consumer Exposure

Directly Across from a Major Health System Facility and Surrounded by an Established Medical and Professional Office Cluster Supporting Long-Term Healthcare Demand

Surrounded by National Quick-Service Restaurants, Financial Institutions, and Other Daily-Needs Destinations That Drive Consistent Area Traffic

Convenient Highway Access Provides Connectivity Throughout the Greater Regional Market

Dense Population Base of Approximately 96,500 Residents Within a 5-Mile Radius Supports Strong Demand for Healthcare and Professional Services

Nearby Residential Communities, Assisted Living Facilities, and Senior Housing Create a Stable Referral Base for Medical and Healthcare Providers

Investment highlights

Brand New 15-Year Absolute Net Lease with National Dental Support Organization (DSO)

Zero Landlord Responsibilities

Attractive Annual 2% Rent Increases in Base Term and Options

Essential-Use Medical Tenant that is Resilient Through Economic Cycles

Tenant is a Well-Established Dental Support Organization (DSO) with over 30 Locations Nationwide

Located Directly Across from a Major Regional Health System Facility, Creating Strong Synergies Within an Established Healthcare Corridor

Ideal for Private Investors or 1031 Exchange Buyers Seeking a Manageable, Income-Producing Healthcare Asset with Strong Credit Tenancy

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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Annual Debt Service
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Annual Cash Flow
$240,000.00
$20,000.00/mo

Valuation Metrics

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DSCR
7%
Cap Rate
7%
ROI

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