710 North Ave | Battle Creek, MI 49017
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710 North Ave
Battle Creek, MI 49017
BRONSON ORTHOPEDIC SPECIALISTS MOB · Office Property For Sale
INVESTMENT HIGHLIGHTS
- STRATEGIC LOCATION – The property is strategically located less than a mile from Bronson Battle Creek Hospital.
- EXTENSIVE HEALTHCARE SYSTEM – Bronson Healthcare was recently named a “15 Top Health System” by PINC AI in 2023.
- LONG TENANT OPERATING HISTORY – Bronson Orthopedic Specialists began operations at this site in 2014 and Armor Physical Therapy since 2009.
- INVESTMENT GRADE TENANCY – Bronson Health has an A2 Moody’s rating with over 9,000 employees
- MEDICAL CORRIDOR WITH ACCESS TO MAJOR HIGHWAYS – North Avenue boasts over 11,200 vehicles per day and is in close proximity to I-94 and M-66.
EXECUTIVE SUMMARY
INVESTMENT GRADE TENANCY: Bronson Health has an A2 Moody’s rating with over 9,000 employees and a number of nationally recognized Centers of Health Care Excellence.
LONG TENANT OPERATING HISTORY: Bronson Orthopedic Specialists began operations at this site in 2014 and Armor Physical Therapy since 2009. Both tenants have executed several extensions, showing commitment to the location. Most recently, Bronson extended for an additional three years beginning August 2024.
EXTENSIVE HEALTHCARE SYSTEM: Bronson Healthcare was recently named a “15 Top Health System” by PINC AI in 2023. Serving southwest Michigan and northern Indiana, Bronson has over 9,000 employees, more than 1,500 medical staff members, and 747 licensed inpatient beds, making it the region’s largest employer and leading healthcare system.
MEDICAL CORRIDOR WITH ACCESS TO MAJOR HIGHWAYS: The property is strategically located across the street from the NorthPointe Woods Assisted Living Facility, and less than a mile from Bronson Battle Creek Hospital and Grace Health. North Ave boasts over 11,200 vehicles per day and is in close proximity to I-94 and M-66.
LONG TENANT OPERATING HISTORY: Bronson Orthopedic Specialists began operations at this site in 2014 and Armor Physical Therapy since 2009. Both tenants have executed several extensions, showing commitment to the location. Most recently, Bronson extended for an additional three years beginning August 2024.
EXTENSIVE HEALTHCARE SYSTEM: Bronson Healthcare was recently named a “15 Top Health System” by PINC AI in 2023. Serving southwest Michigan and northern Indiana, Bronson has over 9,000 employees, more than 1,500 medical staff members, and 747 licensed inpatient beds, making it the region’s largest employer and leading healthcare system.
MEDICAL CORRIDOR WITH ACCESS TO MAJOR HIGHWAYS: The property is strategically located across the street from the NorthPointe Woods Assisted Living Facility, and less than a mile from Bronson Battle Creek Hospital and Grace Health. North Ave boasts over 11,200 vehicles per day and is in close proximity to I-94 and M-66.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
16,088 SF
Building Class
B
Year Built/Renovated
1979/2000
Price
$1,600,000
Price Per SF
$99
Cap Rate
9.66%
NOI
$154,620
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,044 SF
Building FAR
0.06
Lot Size
5.71 AC
Zoning
C-2 - Commercial
Parking
120 Spaces (7.46 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Kitchen
- Monument Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 18-570-068-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $371,300 |
PROPERTY TAXES
Parcel Number
18-570-068-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$371,300
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