1634 Gull Rd - Medical CONDO FOR SALE
Kalamazoo, MI 49048 |
1634 Gull Rd
Kalamazoo, MI 49048
HIGHLIGHTS
- Early 5-Year Lease Extension (2025–2030) – Demonstrates tenant’s long-term commitment to the site
- 2% Annual Rent Increases – Provides consistent income growth and inflation protection
- Corporate Guarantee – National urgent care platform with 150+ locations and The Aspen Group backing
- High-Visibility Location – Over 25,800 VPD on Gull Road, a primary east-west commercial corridor
- Directly Across from Ascension Borgess Hospital – A 422-bed regional medical hub anchoring Kalamazoo’s healthcare district
- Passive Income Profile – Net lease with minimal landlord responsibilities
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Storefront Retail/Office
TOTAL BUILDING SIZE
16156
STORIES
2
BUILDING CLASS
B
YEAR BUILT
1965
SPRINKLERS
-
PARKING SPACES
90
LAND DETAILS
LAND ACRES
0.9 AC AC
LAND SF
39,204 SF
ZONING
-
APN/PARCEL ID
06-11-455-032
