5668 Okemos Rd, Haslett, MI 48840
Freestanding 8,400 SF medical facility on a 1.24-acre parcel with a triple-net lease through April 30, 2031.
Property Features for 5668 Okemos Rd
General Information
Building Details
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Investment Insights
Based on property information with market context.
Under the NNN structure, the tenant covers utilities, taxes, insurance, and common area maintenance, keeping landlord responsibilities minimal. The lease term runs through April 30, 2031, with two additional five-year renewal options at fair market value. Contractual 3.00% annual rent increases are in place, supporting predictable growth over the lease term.
The facility’s remodeled condition and long-term lease structure make it a straightforward option for investors seeking an income-producing healthcare asset.
Key Highlights
- 8,400 SF freestanding medical facility built in 2002 and remodeled in 2017
- Situated on a 1.24‑acre parcel
- Triple‑net (NNN) lease structure with tenant paying utilities, taxes, insurance, and common area maintenance
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Trade Area within ½ mile
Demographics for 48840, MI