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1921 E Miller Rd, Lansing, MI, 48911

Senior Community Care of Michigan

$4,400,000

Key Information

Cap Rate
7.55%
Tot. SF
25,511
Term Remaining
± 8 Years
Type
Healthcare
NOI
$332,179

Highlights

• Single-tenant healthcare investment occupied by Senior Community Care of Michigan, a PACE provider operated by Volunteers of America.
• Long-term lease with 2.5% annual rent escalations providing built-in income growth.
• Located in Lansing, Michigan, a stable healthcare market with strong economic and demographic fundamentals.
• Essential healthcare facility serving the growing senior population throughout Mid-Michigan.

Photos

Location

Agents

Broker of Record

Matt Fitzgerald

License # 6502432668, 6505432273 (MI)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203