Medical Office Sale Leaseback with Long Time Operator

200 Health Park Drive, Owosso, MI, USA Map

Subject is a Prime 15,000 Square-Foot Medical Office on
a 1.72-Acre Lot with Ample Parking, Pylon Signage, and
Easy Ingress/Egress
NN Leaseback with a 5-Year Base Term and
2.5% Annual Rental Increases, 4 x 5-Year Options
Tenant Owosso Medical Group is a Well Respected Urgent
Care Provider in the Memorial Healthcare System and Has
Been at the Current Location Since 2006
Robust Traffic Counts on State Highway 52 (11,700
Vehicles Per Day) and a Half Mile off of Main Street
(21,042 Vehicles Per Day) (Source: LandVision, CoStar,
2022)
Well Established Medical Office Corridor | Nearby Services
Include: Fresenius Kidney Care, Shiawassee Radiology,
VG’s Pharmacy, Memorial Healthcare Hospital, and Others
Affluent Community with 27,317 Residents Living in
11,291 Households with an Average Income of Over
$61,440 Within Five Miles of the Subject Asset, as of
2022
Subject is 32 Miles from Capital Region International
Airport, Serving 200 Thousand Passengers Annually
(flylansing.com)
Parks and Outdoor Recreational Facilities Nearby Include: Sleepy Hollow State Park, Potter Park Zoo, Lake Lansing, Harris Nature Center, Curwood Castle, and More
Subject is 28 Miles from Downtown Lansing with a
Population of 112,684

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