Property Description:
Located in the heart of Mount Pleasant’s medical district—home to Central Michigan University and McLaren Hospital—this ±19,944 SF property offers substantial in-place income with clear growth opportunities.
Deal Highlights
Price: $1,022,500
Cash-on-Cash Return: 17%
Annual Cash Flow: $47,294
No Owner Financing. Must cash out the property.
Property Overview
±19,944 SF
±1.92 Acres
Built 1977
Occupancy: 81% (3 vacant units / ±4,800 SF)
Lease Type: Mostly NNN (2 exceptions)
Anchor Tenant: Mid-Michigan Radiology Associates
Specialized medical tenancy = lower turnover risk
Upside Potential
Lease up vacant units
Dentist tenant expansion planned (2025–2026)
Renewal rent growth from Suite A (+$1/SF expected)
Access & Next Steps
Inspection by appointment only – Please do not disturb occupants
Serious, qualified buyers only – property is first-come, first-served and sold AS-IS
We will provide a short period of time for due diligence, where your earnest money is refundable for serious buyers. To reserve the property, you will need a refundable earnest money deposit of $20,000. AFTER THE SITE VISIT, THE EARNEST MONEY WILL GO HARD AND BE FULLY NON-REFUNDABLE.
Please do not send this email out to anyone without our permission.
PLEASE DO NOT DISTURB THE OCCUPANTS
***Wholesalers, please do not re-market***
Inspection by appointment only!
For more information or to reserve this property,
Contact Rebecca at 801-865-4167
For serious buyers, we can get you in the property.
IF YOU WOULD LIKE THE FINANCIALS, PLEASE RESPOND TO THIS EMAIL. PLEASE DO NOT ASK FOR FINANCIALS UNLESS YOU HAVE READ THIS EMAIL IN ITS ENTIRETY.
PROPERTIES ARE FIRST COME, FIRST SERVE AND SOLD IN "AS IS" CONDITION!
PROPERTIES ARE ONLY AVAILABLE TO CASH BUYERS WHO CAN CLOSE QUICKLY.
BUYERS MUST DO THEIR DUE DILIGENCE BEFORE MAKING AN OFFER!
Thank you for taking a look!