Garden-Level Medical Office
1445 Sheldon Road #G-2, Grand Haven, MI 49417
For Sale
Contact for pricing
Flexible medical suite with private rooms, patient drop-off access, and adjacency to Trinity Health's Grand Haven Hospital campus.
Property Size6,928 SF
Price / SF$0.00
Days on Market62
Property Features for 1445 Sheldon Road #G-2
General Information
Standard status
Size
Additional Details
Floor
Amenities
heated sidewalks
patient drop off/pickup zone
Listing Agency:
Capstone Real Estate LLC
Listed By:
David Ten Cate · License MI #6502325769
(616) 847-1031
Source:
Corneliusteam
Added: Sep 10
Changed: Nov 8
Last Checked: Nov 8 at 5:17AM
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 Capstone Real Estate LLC
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Investment Insights
Based on property information with market context.
Located within Harbor Dunes Medical Center, this 6,928-square-foot garden-level medical office suite includes an open reception and waiting area, 15 private offices or exam rooms, utility and supply closets, and two in-suite ADA-compliant restrooms. Natural light reaches the primary arrival area, while the configuration can accommodate medical or professional office operations.
The property is positioned just west of US 31 and directly adjacent to Trinity Health's Grand Haven Hospital campus. On-site parking, heated sidewalks, and a designated patient drop-off and pickup area support convenient year-round access. Other medical-oriented occupants at the center include Dunewood Pharmacy, Shoreline Optical, and Mercy Health Partners. The suite is offered under an NNN lease structure, with occupants responsible for in-suite janitorial service, telephone, and internet costs.
The property is positioned just west of US 31 and directly adjacent to Trinity Health's Grand Haven Hospital campus. On-site parking, heated sidewalks, and a designated patient drop-off and pickup area support convenient year-round access. Other medical-oriented occupants at the center include Dunewood Pharmacy, Shoreline Optical, and Mercy Health Partners. The suite is offered under an NNN lease structure, with occupants responsible for in-suite janitorial service, telephone, and internet costs.
Key Highlights
- 6,928 SF garden‑level medical office suite
- 15 private offices or exam rooms
- Two in‑suite ADA‑compliant restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,448
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,148,960
$1.1M
Cap Rate 7%
$820,686
$820.7K
Cap Rate 9%
$638,311
$638.3K
Market Conditions
NOI Build-Up for 6,928 SF
Gross rent
$101.4K $14.64/SF
− Vacancy
−$5.7K −$0.82/SF
EGI
$95.7K $13.82/SF
− OpEx
−$38.3K −$5.53/SF
NOI
$57.4K $8.29/SF
Area
Ottawa County, MI
Vacancy
5.60%
Lease Rate
$14.64 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,148,960
Cap Rate 7%
$820,686
Cap Rate 9%
$638,311
Alternative Uses
Best Use
Office B
$1.09M
$954.0K – $1.27M
NOI $76,321 @ 7.0% cap
Second Best
Healthcare Medical
$820.7K
$718.1K – $957.5K
NOI $57,448 @ 7.0% cap
Theoretical Best
Warehouse
$1.67M
$1.46M – $1.94M
NOI $116,641 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
646
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 49417, MI
32,406
Population
14,709
Households
2.2
Avg Household Size
43
Median Age
38%
College-Educated
95%
High-School Grad
46.9 sq mi
ZIP Area
691
Density / Sq Mi
$84,476
Median Household Income
$45,392
Median Earnings
$1,101
Median Rent
$287,800
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- VetIQ Petcare — 15000 US Highway 31, Grand Haven, MI 49417
Frequently Asked Questions
What type of property is this?
Medical Office Space - Flexible medical suite with private rooms, patient drop-off access, and adjacency to Trinity Health's Grand Haven Hospital campus.
Where is this medical office space located?
The property is located at 1445 Sheldon Road #G-2 Grand Haven, MI.
What are key features of this property?
This property features: 6,928 SF garden‑level medical office suite; 15 private offices or exam rooms; Two in‑suite ADA‑compliant restrooms
