NNN Medical Office
For Sale
$999,425
211 S Crapo St, Mount Pleasant, MI 48858
NNN medical office for sale with tenants responsible for property taxes, insurance, and maintenance.
Property Size19,944 SF
Days on Market70
Property Features for 211 S Crapo St
General Information
Standard status
Active
Size
19,944 SF
Property subtype
Commercial
Occupancy
68%
Net Operating Income
$93,303
Building Details
Building Size
19,944 SF
Year Built
1977
Listing Agency:
Matthews Real Estate Investment Services | Chicago
Listed By:
Jacob Friedman · License #475169452 (IL)
(773) 446-7583
Source:
Matthews
Added: Jun 28
Changed: Aug 8
Last Checked: Sep 5 at 3:34AM
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 Matthews Real Estate Investment Services | Chicago
Investment Insights
Based on property information with market context.
This NNN medical office investment is offered for sale with a lease structure designed to shift property expenses to tenants. Under the NNN model, tenants are responsible for paying property taxes, insurance, and maintenance in addition to base rent, supporting predictable cash flow with minimal owner operational involvement.
The listing also highlights factors intended to reduce vacancy risk, including a spread-out lease expiration schedule and medical-tenant stability attributed to the specialized nature of medical space build-outs. According to the remarks, current rents are positioned below market rates, which the seller describes as creating potential for higher income through renewals or new tenant negotiations.
Overall, the property is being marketed as an NNN asset focused on steady occupancy and expense predictability through its tenant-paid tax, insurance, and maintenance framework.
The listing also highlights factors intended to reduce vacancy risk, including a spread-out lease expiration schedule and medical-tenant stability attributed to the specialized nature of medical space build-outs. According to the remarks, current rents are positioned below market rates, which the seller describes as creating potential for higher income through renewals or new tenant negotiations.
Overall, the property is being marketed as an NNN asset focused on steady occupancy and expense predictability through its tenant-paid tax, insurance, and maintenance framework.
Key Highlights
- NNN medical office with tenants responsible for property taxes, insurance, and maintenance (in addition to base rent)
- Staggered leases with spread‑out lease expiration to help reduce vacancy risk from major simultaneous tenant turnover
- Medical tenants are described as having lower likelihood of vacating due to specialized space and significant setup capital required
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
750
Businesses Nearby
Explore this area
Business Placement
Demographics for 48858, MI
41,844
Population
19,396
Households
2.2
Avg Household Size
30
Median Age
37%
College-Educated
93%
High-School Grad
174.4 sq mi
ZIP Area
240
Density / Sq Mi
$48,794
Median Household Income
$22,775
Median Earnings
$862
Median Rent
$168,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - NNN medical office for sale with tenants responsible for property taxes, insurance, and maintenance.
Where is this nnn property located?
The property is located at 211 S Crapo St Mount Pleasant, MI.
What is the asking price?
The asking price for this property is $999,425.
What are key features of this property?
This property features: NNN medical office with tenants responsible for property taxes, insurance, and maintenance (in addition to base rent); Staggered leases with spread‑out lease expiration to help reduce vacancy risk from major simultaneous tenant turnover; Medical tenants are described as having lower likelihood of vacating due to specialized space and significant setup capital required
