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1634 Gull Rd 8,000 SF Medical Condo Unit Offered at $2,022,566 CAD in Kalamazoo, MI 49048
Investment Highlights
- Early 5-Year Lease Extension (2025–2030) – Demonstrates tenant’s long-term commitment to the site
- Corporate Guarantee – National urgent care platform with 150+ locations and The Aspen Group backing
- Directly Across from Beacon Kalamazoo Hospital – A 422 bed regional medical hub anchoring Kalamazoo’s healthcare district
- 2% Annual Rent Increases – Provides consistent income growth and inflation protection
- High Visibility Location – Over 25,800 VPD on Gull Road, a primary east-west commercial corridor
- Passive Income Profile – Net lease with minimal landlord responsibilities
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 8.67% |
| Sale Type | Investment |
| Cap Rate | 8.67% |
Sale Notes
WellNow Urgent Care
+/- 8,000 SF fee simple condo.
+/- 8,000 SF fee simple condo.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit WellNow | 8,000 SF | Medical | $2,022,566 CAD ($252.82 CAD/SF) | $175,363.77 CAD |
Unit WellNow
| Unit Size |
| 8,000 SF |
| Condo Use |
| Medical |
| Price |
| $2,022,566 CAD ($252.82 CAD/SF) |
| NOI |
| $175,363.77 CAD |
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Unit WellNow
| Unit Size | 8,000 SF |
| Condo Use | Medical |
| Price | $2,022,566 CAD ($252.82 CAD/SF) |
| NOI | $175,363.77 CAD |
| Sale Type | Investment |
| Cap Rate | 8.67% |
| Sale Notes | |
| WellNow Urgent Care<br> <br> +/- 8,000 SF fee simple condo.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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1634 Gull Rd
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