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1634 Gull Rd 8,000 SF Medical Condo Unit Offered at $1,667,200 in Kalamazoo, MI 49048

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INVESTMENT HIGHLIGHTS

Early 5-year lease extension.
Strong corporate guaranty.

2% annual rent increases + renewal options.

EXECUTIVE SUMMARY

+/- 8,000 SF fee simple condo.

PROPERTY FACTS

Total Building Size	16,156 SF	Typical Floor Size	8,078 SF
Property Type	Office (Condo)	Year Built	1965
Property Subtype	Medical	Lot Size	0.90 AC
Building Class	B	Parking Ratio	4.95/1,000 SF
Floors	2
Zoning	C-1

Total Building Size	16,156 SF
Property Type	Office (Condo)
Property Subtype	Medical
Building Class	B
Floors	2
Typical Floor Size	8,078 SF
Year Built	1965
Lot Size	0.90 AC
Parking Ratio	4.95/1,000 SF
Zoning	C-1

1 UNIT AVAILABLE

Unit WellNow

Unit Size	8,000 SF	Sale Type	Investment
Price	$1,667,200	Cap Rate	7.50%
Price Per SF	$208.40	NOI	$125,040
Condo Use	Medical

Unit Size	8,000 SF
Price	$1,667,200
Price Per SF	$208.40
Condo Use	Medical
Sale Type	Investment
Cap Rate	7.50%
NOI	$125,040

SALE NOTES

Early 5-year lease extension. 2% annual rent increases + renewal options. Strong corporate guaranty. Strategic medical corridor location. High-traffic visibility.