Single-Tenant Dialysis
2 Royal Park Drive, Zeeland, MI 49464
For Sale
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The clinic is fully occupied under an absolute NNN lease guaranteed by Fresenius Medical Care Holdings, Inc.
Property SizeContact for details
Days on Market51
Property Features for 2 Royal Park Drive
General Information
Standard status
Property subtype
Occupancy
Building Details
Tenancy
Listing Agency:
Landmark Commercial Real Estate Services
Listed By:
Max Lippitt · License MI #6501395927
(248) 351-2086
Source:
Crexi
Added: Sep 21
Changed: Nov 5
Last Checked: Nov 10 at 6:16AM
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 Landmark Commercial Real Estate Services
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Investment Insights
Based on property information with market context.
This medical center is a single-tenant dialysis clinic operated by Fresenius Medical Care. Its lease is fully occupied and structured on an absolute NNN basis, with a guarantee from Fresenius Medical Care Holdings, Inc. Approximately 7 years remain on the primary term, and rent increases 2% annually.
The property is at 2 Royal Park Drive in Zeeland, Michigan, within a residential and healthcare corridor near Corewell Health Zeeland Hospital and Holland Hospital Family Medicine. Fresenius Medical Care is a publicly traded healthcare operator.
The property is at 2 Royal Park Drive in Zeeland, Michigan, within a residential and healthcare corridor near Corewell Health Zeeland Hospital and Holland Hospital Family Medicine. Fresenius Medical Care is a publicly traded healthcare operator.
Key Highlights
- Single‑tenant dialysis clinic operated by Fresenius Medical Care
- 100% leased on an absolute NNN basis, with a guarantee from Fresenius Medical Care Holdings, Inc.
- Approximately 7 years left in the primary lease term
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
229
Businesses Nearby
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Demographics for 49464, MI
29,654
Population
11,001
Households
2.7
Avg Household Size
37
Median Age
35%
College-Educated
95%
High-School Grad
73.1 sq mi
ZIP Area
406
Density / Sq Mi
$97,573
Median Household Income
$47,030
Median Earnings
$976
Median Rent
$316,700
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Medical center - The clinic is fully occupied under an absolute NNN lease guaranteed by Fresenius Medical Care Holdings, Inc.
Where is this medical center located?
The property is located at 2 Royal Park Drive Zeeland, MI.
What is the asking price?
The asking price for this property is $1,747,280.
What are key features of this property?
This property features: Single‑tenant dialysis clinic operated by Fresenius Medical Care; 100% leased on an absolute NNN basis, with a guarantee from Fresenius Medical Care Holdings, Inc.; Approximately 7 years left in the primary lease term
