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6601 Lewis Ave
Temperance, MI 48182 Lambertville/Temperance

$664,615 USD

Medical For Sale  •  2,400 SF

Property Details

  • Property Type Medical
  • Total Building Size 2,400 SF
  • Lot Size 1.35 AC
  • Building Class B
  • Year Built 1990
  • Cap Rate 6.50 %
  • Tenancy Multiple
  • Zoning C-3
0 Transit Score
50 Walk Score

Highlights

NATIONALLY RECOGNIZED TENANT – The tenant’s parent company company, Bon Secours Mercy Health, is a powerhouse in the healthcare industry.
STRONG INVESTMENT-GRADE CREDIT – Rated “AA-” by Fitch Ratings, the tenant’s parent company, Bon Secours Mercy Health, brings a level of reliability.
LONG-TERM NET LEASE – This property is secured by a long-term NNN lease with ±11 years remaining, requiring minimal landlord responsibilities.
STEADY ANNUAL RENTAL GROWTH – With annual 2.5% rental increases, this investment offers consistent growth in cash flow.
STRATEGIC LOCATION IN KEY MSA – Situated in the Toledo MSA, the fourth-largest city in Ohio, the property benefits from the area’s economic vitality.
PRIME HARD CORNER LOCATION – Located on a signalized hard corner with excellent visibility and multiple access points, this site is tailor-made.
Cap Rate: 6.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Advantage Chiropractic
Joseph A Lascala & Associates

Public Transportation

Commuter RailDriveWalkDistance
Toledo (Capitol Limited - Amtrak, Lake Shore Limited - Amtrak) 16 min - 8.1 mi
AirportDriveWalkDistance
Eugene F Kranz Toledo Express 44 min - 25.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 28
Type: Surface
Included in Rent: Yes
Kyle Mackulak 310-919-5835 Matthews Real Estate Investment Services
Kyle Mackulak 310-919-5835 Matthews Real Estate Investment Services