Single-Tenant Office Medical
Fresenius Medical Care
527 E Michigan Ave, Kalamazoo, MI 49007
Listing Price: $2,272,628
Investment Overview
The subject offering provides an opportunity for both new and seasoned investors to acquire a Fresenius Medical Care property situated in Kalamazoo, Michigan. The 8,168 square-foot clinic boasts nearly a 20-year operating history and has more than six years remaining on term, with Fresenius having recently exercised their five-year option early. A rental increase of 10 percent is scheduled in September of 2024, along with two percent annual increases come September 2027. At $278 per square foot, this is an excellent opportunity to invest in a recession-resistant property with strong medical fundamentals.
Investment Highlights
- 20-Year Operating History
- 10 Percent Rental Increase in 2024
- 6+ Years Remaining on Term
- Recent 5-Year Extension
Exclusively Listed By
Broker of Record
-
Steven Chaben
Senior Vice President / Regional Manager
Financing By
Listing Price: $2,272,628
Investment Highlights
- 20-Year Operating History
- 10 Percent Rental Increase in 2024
- 6+ Years Remaining on Term
- Recent 5-Year Extension
Investment Overview
The subject offering provides an opportunity for both new and seasoned investors to acquire a Fresenius Medical Care property situated in Kalamazoo, Michigan. The 8,168 square-foot clinic boasts nearly a 20-year operating history and has more than six years remaining on term, with Fresenius having recently exercised their five-year option early. A rental increase of 10 percent is scheduled in September of 2024, along with two percent annual increases come September 2027. At $278 per square foot, this is an excellent opportunity to invest in a recession-resistant property with strong medical fundamentals.
Exclusively Listed By
Broker of Record
-
Steven Chaben
Senior Vice President / Regional Manager
Financing By

