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Single-Tenant Medical Office Building
For Sale
Contact for pricing
Pending

315 E Warwick, Alma, MI 48801

Built in 2006 across from a regional hospital, with an NN+ lease structure and established medical occupancy.

Property SizeContact for details
Days on Market42

Property Features for 315 E Warwick

General Information

Standard status Pending
Property subtype Office, Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2006
Buildings 1
Tenancy Single
Listing Agency: SVN | Silveri Company
Listed By: Peter Colvin · License #MI 6501197270
Source: Crexi
Added: Jul 21 Changed: Aug 30 Last Checked: Aug 30 at 1:01AM

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 SVN | Silveri Company

Investment Insights

Based on property information with market context.

This medical office building was completed in 2006 and is configured for a single occupant. The property is subject to a 10-year NN+ lease running through 4-30-2021. Under the lease structure, the tenant is responsible for taxes, insurance, utilities, and CAM, while the landlord handles building maintenance and repairs.

The property is located at 315 E. Warwick in Alma, Michigan, directly across from Mid Michigan Medical Center and near Alma College. Alma is served by US 127, and the surrounding commercial area includes Walgreens, Meijer, KFC, McDonald’s, Wendy’s, Burger King, and Walmart Supercenter.

Key Highlights

  • Medical office building completed in 2006
  • 10‑year NN+ lease runs through 4‑30‑2021
  • Tenant pays taxes, insurance, utilities, and CAM

Property Analytics

Current Use

Bay Regional Heart ... Medical Clinic Tess Gordon Physician Kegan Rogers, PA-C Physician Robin Hermes, PA-C Physician MyMichigan Obstetrics & Gynecology Physician

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Building Supply Auto Repair Shop Real Estate Agency 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

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

644
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48801, MI

13,006
Population
5,408
Households
2.4
Avg Household Size
34
Median Age
28%
College-Educated
95%
High-School Grad
70.8 sq mi
ZIP Area
184
Density / Sq Mi
$57,449
Median Household Income
$30,146
Median Earnings
$795
Median Rent
$120,300
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Built in 2006 across from a regional hospital, with an NN+ lease structure and established medical occupancy.
Where is this medical office space located?
The property is located at 315 E Warwick Alma, MI.
What are key features of this property?
This property features: Medical office building completed in 2006; 10‑year NN+ lease runs through 4‑30‑2021; Tenant pays taxes, insurance, utilities, and CAM
(616) 949-6168 Call to check price and availability
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