1320 E M 32 | Gaylord, MI 49735
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- LoopNet Team
1320 E M 32
Gaylord, MI 49735
McLaren Northern Michigan MOB · Office Property For Sale
Investment Highlights
- Strong anchor tenant: McLaren Northern Michigan (part of McLaren Health Care: Moody's A1, Fitch AA)
- Attractive lease structure and rent schedule: Triple net (NNN) lease with 2.00% annual rent escalations
- Historical hospital supported medical services including primary care, specialty, and diagnostics services dating back to 2010
- Established multi specialty outpatient location: Family medicine, radiology, physical therapy, and a full service lab accredited by CAP
- Limited competitive office and medical office real estate in Gaylord
PROPERTY FACTS
Property Type
Building Size
11,312 SF
Building Class
B
Year Built
2001
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
5,656 SF
Building FAR
0.16
Lot Size
1.59 AC
Zoning
Commercial
Parking
73 Spaces (6.45 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 010-002-200-005-09 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $696,700 |
PROPERTY TAXES
Parcel Number
010-002-200-005-09
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$696,700
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