1625 Ramblewood Dr, Suite 1
1625 Ramblewood Dr, East Lansing, MI, 48823
ID db019196
Overview
NAI Mid-Michigan is pleased to present a rare single-tenant, net leased medical office investment located at 1625 Ramblewood Drive in East Lansing, Michigan directly adjacent to Michigan State University, one of the largest public research universities in the United States.The asset is secured by a triple-net (NNN) lease featuring fixed 3% annual rent increases that provide built-in income growth and inflation protection, with minimal landlord responsibilities. The lease runs through January 2031 and includes a five-year renewal option with continued 3% escalations, offering long-term, predictable cash flow from a healthcare tenant in a recession-resistant specialty.East Lansing offers a stable, education driven economy anchored by Michigan State University and supported by government, healthcare, and research employment.The property enjoys excellent regional connectivity via US-127 and I-496, with strong surrounding demographics and an established residential trade area.Offered via Call for Offers — Tuesday, July 14th at 12:00 PM. A full data room is available upon execution of a Confidentiality Agreement.