NAI Mid-Michigan is pleased to present a rare single-tenant, net-leased medical office investment located at 1625 Ramblewood Drive in East Lansing, Michigan - directly adjacent to Michigan State University, one of the largest public research universities in the United States.?
The asset is secured by a triple-net (NNN) lease featuring fixed 3% annual rent increases that provide built-in income growth and inflation protection, with minimal landlord responsibilities.? The lease runs through January 2031 and includes a five-year renewal option with continued 3% escalations, offering long-term, predictable cash flow from a healthcare tenant in a recession-resistant specialty.?
East Lansing offers a stable, education-driven economy anchored by Michigan State University and supported by government, healthcare, and research employment.? The property enjoys excellent regional connectivity via US-127 and I-496, with strong surrounding demographics and an established residential trade area.?
Offered via Call for Offers — Tuesday, July 14th at 12:00 PM.? A full data room is available upon execution of a Confidentiality Agreement.?