NNN Medical Office
211 S Crapo St Mount Pleasant, MI 48858
211 S Crapo St, Mount Pleasant, MI, 48858
$999,425
For Sale
$999,425
NNN medical office for sale with tenants responsible for property taxes, insurance, and maintenance.
Days on Market25
Property Features for 211 S Crapo St
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1977
Listing agency
Matthews Real Estate Investment Services | Chicago
(773) 446-7583
Listed by
Jacob Friedman · License #475169452 (IL)
(773) 446-7583
Source
Matthews
Added: Jun 28 Updated: Jul 21 at 2:24PM Checked: Jul 21 at 2:24PM
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
Location Intelligence
Current Use by Public Records
Daniel C. Spear, ...
Physician
Heller-Burstei Barbara E ...
Physician
Jeffrey Khabir, MD
Physician
Dr. Ellen L. ...
Physician
Crapo Professional Building
Medical Clinic
Similar For Sale Nearby
FAQs
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
