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Faits saillants de l'investissement
- ?100% leased to OneOncology — physician-led oncology MSO backed by Fortune 50, investment-grade Cencora
- One five-year renewal option with continued 3% escalations
- ?10,976 SF medical office; well-located, established 1998-built asset
- Long-term NNN lease through January 2031 with fixed 3% annual increases
- ?Directly adjacent to Michigan State University in stable East Lansing, MI
Résumé de l'annonce
NAI Mid-Michigan is pleased to present a rare single-tenant, net-leased medical office investment located at 1625 Ramblewood Drive in East Lansing, Michigan - directly adjacent to Michigan State University, one of the largest public research universities in the United States.?
The asset is secured by a triple-net (NNN) lease featuring fixed 3% annual rent increases that provide built-in income growth and inflation protection, with minimal landlord responsibilities.? The lease runs through January 2031 and includes a five-year renewal option with continued 3% escalations, offering long-term, predictable cash flow from a healthcare tenant in a recession-resistant specialty.?
East Lansing offers a stable, education-driven economy anchored by Michigan State University and supported by government, healthcare, and research employment.? The property enjoys excellent regional connectivity via US-127 and I-496, with strong surrounding demographics and an established residential trade area.?
Offered via Call for Offers — Tuesday, July 14th at 12:00 PM.? A full data room is available upon execution of a Confidentiality Agreement.?
The asset is secured by a triple-net (NNN) lease featuring fixed 3% annual rent increases that provide built-in income growth and inflation protection, with minimal landlord responsibilities.? The lease runs through January 2031 and includes a five-year renewal option with continued 3% escalations, offering long-term, predictable cash flow from a healthcare tenant in a recession-resistant specialty.?
East Lansing offers a stable, education-driven economy anchored by Michigan State University and supported by government, healthcare, and research employment.? The property enjoys excellent regional connectivity via US-127 and I-496, with strong surrounding demographics and an established residential trade area.?
Offered via Call for Offers — Tuesday, July 14th at 12:00 PM.? A full data room is available upon execution of a Confidentiality Agreement.?
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Bureau
Sous-type de propriété
Médical
Taille du bâtiment
17 516 pi²
Classe d’immeuble
A
Année de construction
1998
Pourcentage loué
100%
Hauteur du bâtiment
2 étages
Superficie de plancher typique
8 758 pi²
Coefficient d’occupation des sols de l’immeuble
1,75
Taille du lot
0,23 AC
Zonage
Commercial
Stationnement
70 places (4 places par 1 000 pi² loué)
Commodités
- Ligne d'autobus
- Affichage
Assez accessible à pied
50/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun limités
30/100
Moyennement accessible en vélo
60/100
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 746 196 $ CAD | |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 746 196 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
746 196 $ CAD
Évaluation totale
746 196 $ CAD
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1625 Ramblewood Dr
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