1634 Gull Rd - Medical CONDO FOR SALE


Kalamazoo, MI 49048- Eastwood
$1,471,000 USD
614-306-7852
1634 Gull Rd, Kalamazoo, MI for Sale
$1,471,000 USD
Medical CONDO - FOR SALE
1/3
null | 8.5% Cap Rate

1634 Gull Rd
Kalamazoo, MI 49048
Eastwood


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 Beacon Kalamazoo Hospital – A 422 bed regional medical hub anchoring Kalamazoo’s healthcare district
  • Passive Income Profile – Net lease with minimal landlord responsibilities

OVERVIEW

WellNow Urgent Care +/- 8,000 SF fee simple condo.

FOR SALE DETAILS

PRICE

$1,471,000 USD

PRICE/SF

$184 USD /SF

CAP RATE

8.5%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

16,156 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

C-1

APN/PARCEL ID

06-11-455-032

ASK ABOUT THIS PROPERTY

Jake CarterEquity, LLCMore Info
614-306-7852

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Jake CarterEquity, LLCMore Info
614-306-7852

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.