Medical Office Building with National
For Sale
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1136 Country Club Rd, Adrian, MI 49221
Fully occupied medical office property with three healthcare tenants and staggered lease expirations.
Property Size10,000 SF
Days on Market143
Property Features for 1136 Country Club Rd
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Office
Occupancy
100%
Additional Details
Cap Rate
8%
Building Details
Buildings
1
Building Size
10,000 SF
Tenancy
Multi
Listing Agency:
Peranich Huffman
Listed By:
Lucas Zemlicka · License #767664
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 12:58AM
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 Peranich Huffman
Investment Insights
Based on property information with market context.
Located at 1136 Country Club Rd in Adrian, MI, this 10,000 SF medical office building is fully occupied by three healthcare-oriented tenants: Elara Caring, Heartland Dental, and The Toledo Clinic. Tenant allocations are 48%, 28%, and 24%, respectively, providing a diversified occupancy profile within the property.
The leases have 4 years of average weighted lease term remaining. Elara Caring and Heartland Dental each have 5 years remaining, while The Toledo Clinic has 1.5 years remaining. The property is associated with an 8.00% capitalization rate and includes healthcare users spanning home health and hospice services, dental practice support, and multispecialty medical care.
The leases have 4 years of average weighted lease term remaining. Elara Caring and Heartland Dental each have 5 years remaining, while The Toledo Clinic has 1.5 years remaining. The property is associated with an 8.00% capitalization rate and includes healthcare users spanning home health and hospice services, dental practice support, and multispecialty medical care.
Key Highlights
- 10,000 SF medical office building in Adrian, MI
- 100% occupied by Elara Caring, Heartland Dental, and The Toledo Clinic
- Tenant allocation: Elara Caring 48%, Heartland Dental 28%, The Toledo Clinic 24%
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49221, MI
41,315
Population
17,011
Households
2.4
Avg Household Size
39
Median Age
22%
College-Educated
88%
High-School Grad
119.9 sq mi
ZIP Area
345
Density / Sq Mi
$57,316
Median Household Income
$32,289
Median Earnings
$986
Median Rent
$158,700
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully occupied medical office property with three healthcare tenants and staggered lease expirations.
Where is this medical office space located?
The property is located at 1136 Country Club Rd Adrian, MI.
What are key features of this property?
This property features: 10,000 SF medical office building in Adrian, MI; 100% occupied by Elara Caring, Heartland Dental, and The Toledo Clinic; Tenant allocation: Elara Caring 48%, Heartland Dental 28%, The Toledo Clinic 24%
