Office Medical

The Lung Center and Bronson Sleep Lab

5161 B Drive South, Battle Creek, MI 49015

Listing Price: $2,200,000

Cap Rate
10.66%
Gross SF
15,352
Rentable SF
15,352
Price/Gross SF
$143.30
Year Built
2011
Lot Size
4.13 acres

Investment Overview

Beautiful built-to-suit state of the art Sleep Lab and Lung Center. 100 percent leased. Five year-lease renewal at closing by The Lung Center. Strong reliable tenant: Bronson Health Group, leasing since the building was built in 2011. Bronson At Home, a subsidiary of Bronson, providing Sleep and Respiratory Equipment has also been a Tenant since the start. Bronson is rated A2 by Moody's.

Sleep laboratories require very specific building characteristics. This implies, tenants cannot easily move to a different building. Sleep Centers are becoming more and more relevant as awareness of the severe negative impact on health of sleep disorders increases. All Operating Expenses are reimbursed by the Tenants. A new five-year lease will be signed at closing by the owner of The Lung Center.

This medical building has ample parking (4.5/1000 SF) and a generator onsite. Offered below replacement cost to an investor or user-owner. This is a great deal!

Investment Highlights

  • Credit Subtenant: Bronson Health in 42 Percent of the Building
  • Successful Lung Center Practice
  • Easy Access from Interstate 94
  • Generator on Site
  • Beautiful Architecture, Relaxing Setting, ideal for Sleep Center or ASF
  • Built-to-Suit State of the Art Sleep Lab and Lung Center

Exclusively Listed By

Office Medical

The Lung Center and Bronson Sleep Lab

Listing Price: $2,200,000

Cap Rate
10.66%
Gross SF
15,352
Rentable SF
15,352
Price/Gross SF
$143.30
Year Built
2011
Lot Size
4.13 acres

Investment Highlights

  • Credit Subtenant: Bronson Health in 42 Percent of the Building
  • Successful Lung Center Practice
  • Easy Access from Interstate 94
  • Generator on Site
  • Beautiful Architecture, Relaxing Setting, ideal for Sleep Center or ASF
  • Built-to-Suit State of the Art Sleep Lab and Lung Center

Investment Overview

Beautiful built-to-suit state of the art Sleep Lab and Lung Center. 100 percent leased. Five year-lease renewal at closing by The Lung Center. Strong reliable tenant: Bronson Health Group, leasing since the building was built in 2011. Bronson At Home, a subsidiary of Bronson, providing Sleep and Respiratory Equipment has also been a Tenant since the start. Bronson is rated A2 by Moody's.

Sleep laboratories require very specific building characteristics. This implies, tenants cannot easily move to a different building. Sleep Centers are becoming more and more relevant as awareness of the severe negative impact on health of sleep disorders increases. All Operating Expenses are reimbursed by the Tenants. A new five-year lease will be signed at closing by the owner of The Lung Center.

This medical building has ample parking (4.5/1000 SF) and a generator onsite. Offered below replacement cost to an investor or user-owner. This is a great deal!

Exclusively Listed By

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