1550 W Sherman Blvd Muskegon, MI

Listing office Matthews Real Estate Investment Services r***@matthews.com Show Phone

Listing date Aug 22, 2025

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Investment Insights

Based on property information with market context.

This 3,000 square foot facility offers a wide range of services, including preventive care, vaccinations, dental care, microchipping, ultrasound, radiography, EKG, spay & neuter, soft tissue surgery, cremation, and euthanasia. Originally founded in 1970, this practice is a well-known staple in the Muskegon community. The property is situated in a well-established area, surrounded by a mix of residential communities, schools, parks, hospitals, and major retailers including The Home Depot, ALDI, Walmart, and Family Dollar. This asset caters to more than 85,000 residents within a 5-mile radius with an average household income exceeding $80,000. The lease features annual rental increases tied to the Consumer Price Index (CPI).

Key Highlights

• Recession‑resistant property: Veterinary hospitals are highly sought‑after investments.
• Scheduled rental increases tied to the Consumer Price Index (CPI), providing a hedge against inflation.
• Favorable demographics: Caters to a large residential population with a high average household income.

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FAQs

What type of property is this?

Medical Office Space - Veterinary hospital in a concentrated retail corridor with favorable demographics.

Where is this medical office space located?

The property is located at 1550 W Sherman Blvd Muskegon, MI.

What is the asking price?

The asking price for this property is $682,954.

What are key features of this property?

This property features: Recession‑resistant property: Veterinary hospitals are highly sought‑after investments.; Scheduled rental increases tied to the Consumer Price Index (CPI), providing a hedge against inflation.; Favorable demographics: Caters to a large residential population with a high average household income.