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Medical Office Space with Dental Leases
For Sale
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2540 Woodmeadow Dr SE, Grand Rapids, MI 49546

Leased to two established dental practices under new seven-year lease terms.

Property SizeContact for details
Days on Market141

Property Features for 2540 Woodmeadow Dr SE

General Information

Standard status Active
Property subtype Office

Building Details

Tenancy Multi
Listing Agency: Michigan Commercial Properties LLC
Listed By: Mark Baker · License #MI
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 1:37AM

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 Michigan Commercial Properties LLC

Investment Insights

Based on property information with market context.

This medical office property at 2540 Woodmeadow Dr SE in Grand Rapids, MI, is leased to two established dental practices. The property has brand-new 7-year leases in place for the dental occupants, providing defined lease terms within a medical office setting.

Key Highlights

  • Two established dental practices occupy the property
  • Brand‑new 7‑year leases in place
  • Located at 2540 Woodmeadow Dr SE, Grand Rapids, MI 49546

Property Analytics

Current Use

Dr. Joseph F. ... Physician Dr. Thomas Nykamp, ... Dental Office Metro Health group Medical Clinic Dr. Thomas L. ... Dental Office Frieswyk Kenneth E ... Dental Office

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Building Supply HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

545
Businesses Nearby
Balanced
Demand for This Use

Demographics for 49546, MI

35,536
Population
13,561
Households
2.6
Avg Household Size
38
Median Age
61%
College-Educated
96%
High-School Grad
17.9 sq mi
ZIP Area
1,985
Density / Sq Mi
$97,386
Median Household Income
$48,008
Median Earnings
$1,275
Median Rent
$389,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Leased to two established dental practices under new seven-year lease terms.
Where is this medical office space located?
The property is located at 2540 Woodmeadow Dr SE Grand Rapids, MI.
What are key features of this property?
This property features: Two established dental practices occupy the property; Brand‑new 7‑year leases in place; Located at 2540 Woodmeadow Dr SE, Grand Rapids, MI 49546
More about this property
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