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Medical Office Building Investment

3380 Beecher Rd Flint, MI 48532

Claim this Listing
For Sale
$750,000

Fully leased medical office building near McLaren Hospital.

Property size:
5,109 SF
Price / SF:
$146/SF
Added:
Nov 11, 2025
Days on Market:
242
Last Refresh:
May 25 at 9:02 pm

Property Features for 3380 Beecher Rd

General Information

Standard status
Active
Size
5,109 SF

Listing office Keller Williams First

Listing date Nov 11, 2025

Source Exprealty

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 Keller Williams First


Investment Insights

Based on property information with market context.

This 5,100 sq. ft. medical office building, constructed in 2000, presents an investment or owner-user opportunity in Flint Township's medical corridor, near McLaren Hospital. The building is fully leased and features three separate suites, each with private entrances, a minimum of four exam rooms, a private office with bath, lunch room, X-ray room (equipment negotiable), rear employee entrance, alarm, music, and cable systems. Two suites are leased through 2033 under NNN leases, providing long-term income stability. The setup also offers an opportunity for a doctor who wishes to occupy one suite and rent the others. The building includes ample parking, a well-maintained exterior, and a private backyard area suitable for therapy or play use. Recent updates include a new water heater. The property is surrounded by hospitals, pharmacies, dental offices, and residential neighborhoods, and is located one mile from McLaren Hospital and minutes from I-75, I-69, and I-475.

Key Highlights

  • Fully leased medical office building in prime medical corridor near McLaren Hospital, offering immediate income potential.
  • Long‑term income stability with two suites leased through 2033 under NNN leases.
  • Ideal for owner‑user: Opportunity for a doctor to occupy one suite and rent the others.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $110.4k $21.60
− Vacancy −$13.8k −$2.70
EGI $96.6k $18.90
− OpEx −$38.6k −$7.56
NOI $57.9k $11.34
5,109 SF · lease $21.60/SF/yr · vacancy 12.50% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$827.7K
$724.2K – $965.6K (±1% cap)
NOI $57,936 @ 7.0% cap · market cap 7.72%
Second Best
Office B
$804.0K
$703.5K – $938.1K (±1% cap)
NOI $56,283 @ 7.0% cap · market cap 7.50%
Theoretical Best
Office A
$1.08M
$940.7K – $1.25M (±1% cap)
NOI $75,255 @ 7.0% cap · market cap 10.03%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Vivekanand Palavali, MD Physician Great Lakes Brain ... Medical Clinic Kelvin Calloway, MD Physician Inderjit S. Bhatti, ... Physician

Suggested Use

Real Estate Agency Auto Repair Shop Law Firm Big Box & Wholesale Store Restaurant HVAC Service Kitchen & Bath Showroom Gym & Fitness Center Grocery & Convenience Store Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Medical Office Space - Fully leased medical office building near McLaren Hospital.
Where is this medical office space located?
The property is located at 3380 Beecher Rd Flint, MI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Fully leased medical office building in prime medical corridor near McLaren Hospital, offering immediate income potential.; Long‑term income stability with two suites leased through 2033 under NNN leases.; Ideal for owner‑user: Opportunity for a doctor to occupy one suite and rent the others.
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