2500 Niles Rd, Saint Joseph, MI 49085-3237

This exceptional multi-tenant medical office building, located at 2500 Niles Road in St. Joseph, Michigan, presents a compelling investment opportunity. The property boasts 24,962 square feet situated on a 3.33-acre lot and features a desirable Net Net Net (NNN) lease structure. Built in 1987, the building is currently generating a strong Net Operating Income (NOI) of $156,689, translating to an attractive 8.47% capitalization rate. The asking price is $1,225,000, representing a price per square foot of $61.09. The property is professionally managed and offers ample on-site parking. Currently occupied by a mix of established medical tenants including Lakeland healthcare specialists, Quest Diagnostics, and Axon Psychology Group, the building offers suites ranging in size from 1,574 to 4,546 square feet. Its strategic location near Lakeland Medical Center Hospital and other medical office users ensures strong tenant demand and long-term stability. The property's strong financial performance, prime location, and established tenancy make it an ideal addition to any investment portfolio. The APN is 18-002-0044-08-5. This is a turnkey opportunity in a thriving medical market.