211 W Pine Lake Dr - Medical FOR SALE


Newaygo, MI 49337
$1,875,000 USD
616-292-8781
211 W Pine Lake Dr, Newaygo, MI for Sale
$1,875,000 USD
Medical - FOR SALE
1/3
null | 8.4% Cap Rate

211 W Pine Lake Dr
Newaygo, MI 49337


OVERVIEW

NAI Wisinski presents the investment sale of a single-tenant medical office building ideally situated on W Pine Lake Drive in Newaygo, Michigan. The property consists of approximately 8,726 SF with an additional 1,290 SF basement and is 100% leased to Corewell Health. This well-maintained asset serves as the primary urgent care destination for Newaygo and the surrounding communities, and also accommodates family medicine/primary care and physical therapy services. Corewell Health is a leading healthcare provider in Michigan, operating a comprehensive, patient-centered care model and employing a large regional workforce—providing strong tenant stability and long-term credit strength. Property features and investment highlights: • 100% occupied single-tenant medical office (Corewell Health). Lease expires 10/31/2031 • Total building area: ~8,726 SF; basement: ~1,290 SF • Premier medical use: urgent care hub plus primary care and physical therapy • Prominent exposure: high-visibility pylon sign on W Pine Lake Drive • Attractive, well-maintained architecture and clinical buildout tailored to healthcare operations This offering presents a compelling opportunity to own a stabilized medical office leased to a high-credit regional health system in a primary community location. Contact NAI Wisinski for pricing, lease details, and to schedule a tour.

FOR SALE DETAILS

PRICE

$1,875,000 USD

PRICE/SF

$215 USD /SF

CAP RATE

8.4%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

2.19 AC

LAND SF

95,396 SF

ZONING

B-2

APN/PARCEL ID

62-19-30-100-034,62-19-30-125-001

ASK ABOUT THIS PROPERTY

Chris PrinsNAI Wisinski of West MichiganMore Info
616-292-8781

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Chris PrinsNAI Wisinski of West MichiganMore Info
616-292-8781

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