List Search

1536 W Center Rd
Essexville, MI 48732

$2,099,000 USD

Medical For Sale  •  8,994 SF

Property Details

  • Property Type Medical
  • Total Building Size 8,994 SF
  • Lot Size 1.32 AC
  • Building Class C
  • Year Built 1991
  • Tenancy Single
  • Zoning B1
0 Transit Score
52 Walk Score

Highlights

LONG TERM OPERATING HISTORY SINCE 1993 / NEW 10 YEAR RENEWAL: Tenant has been successfully operating at this location since 1993
ESSENTIAL TENANT: Fresenius Medical Care (NYSE: FMS) is the worlds largest provider with over 4,000 locations across the globe.
NN LEASE: Minimal Landlord responsibilities
Current NOI is $118,271.00 until 5/31/2026 | New NOI starting 6/1/2026 - 5/31/2036 $134,910.00. Seller is negotiable
PREMIER BAY CITY RETAIL CORRIDOR: Subject property is surrounded by national tenants such as Kroger, Meijer, Walgreens, Taco Bell, Wendy’s. JoAnn, etc
TENANT HVAC & ROOF REIMBURSEMENT: Starting June 1st 2026 Tenant pays an additional $1,146.74/month during the 10-year term.

Property Flyers

Public Transportation

AirportDriveWalkDistance
MBS International 27 min - 17.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 81
Type: Surface
Included in Rent: Yes
JT Tottingham 248-722-0599 SOAR Real Estate Investments LLC
JT Tottingham 248-722-0599 SOAR Real Estate Investments LLC