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Multi-Tenant Medical Office Building
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1035 Charlevoix Dr, Grand Ledge, MI 48837

Fully leased healthcare facility with established medical providers and a long operating history at the property.

Property Size34,705 SF
Days on Market138

Property Features for 1035 Charlevoix Dr

General Information

Standard status Active
Size 34,705 SF
Class A
Property subtype Office
Occupancy 100%
Lease Type NNN
Investment Type Core+
Net Operating Income $734,541

Additional Details

Road Access Yes

Building Details

Year Built 2012
Buildings 1
Tenancy Multi
Building Size 34,705 SF
Listing Agency: Zeustra Healthcare Real Estate Advisors
Listed By: Ryan Lupo · License #NJ 2189708
Source: Crexi
Added: Apr 16 Changed: Aug 30 Last Checked: Aug 30 at 2:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Zeustra Healthcare Real Estate Advisors

Investment Insights

Based on property information with market context.

Built in 2012, this 34,705-square-foot medical office property is fully occupied by three healthcare providers: McLaren Greater Lansing, University of Michigan Health–Sparrow, and Family Medicine of Michigan. Each provider has operated at the building since its original delivery, supporting continuity across the tenant roster. The asset has a 6.3-year weighted average lease term.

The property is located at 1035 Charlevoix Dr in Grand Ledge, Michigan, along a commercial corridor reporting 30,000 VPD. It is approximately 13 miles west of downtown Lansing. University of Michigan Health–Sparrow uses its space as an outpatient department of a Level I Trauma Center, while McLaren operates a multi-specialty health center. Family Medicine of Michigan has served the Grand Ledge community for more than 50 years.

Key Highlights

  • 34,705‑square‑foot medical office building constructed in 2012
  • 100% occupied by three healthcare providers
  • McLaren Greater Lansing, University of Michigan Health–Sparrow, and Family Medicine of Michigan occupy the property

Property Analytics

Current Use

Elizabeth Paine Physician Kathryn Worden Physician Muhammad Awais-Tahir Kang Physician Amy Rumsey Physician Tracy Wirth Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Restaurant Kitchen & Bath Showroom Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

377
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48837, MI

19,189
Population
8,638
Households
2.2
Avg Household Size
42
Median Age
39%
College-Educated
98%
High-School Grad
78.4 sq mi
ZIP Area
245
Density / Sq Mi
$93,161
Median Household Income
$54,791
Median Earnings
$1,034
Median Rent
$239,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Fully leased healthcare facility with established medical providers and a long operating history at the property.
Where is this medical office space located?
The property is located at 1035 Charlevoix Dr Grand Ledge, MI.
What are key features of this property?
This property features: 34,705‑square‑foot medical office building constructed in 2012; 100% occupied by three healthcare providers; McLaren Greater Lansing, University of Michigan Health–Sparrow, and Family Medicine of Michigan occupy the property
More about this property
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