2500 Niles Rd
Saint Joseph, MI 49085

The DiSalvo | Bender | Nulf Group of Marcus & Millichap is pleased to present to the market 2500 Niles Road. 2500 Niles Road – a 24,962 square foot, multi-tenant professional and medical office building located in St. Joseph, MI. This well-maintained property provides an exceptional opportunity for investors seeking stable cash flow with a 40% vacancy upside and tenants from various professional and medical sectors. 2500 Niles Road offers a strategic location in a growing market, and its professional tenant mix delivers a reliable income stream with potential upside through rent growth.
Market: 2500 Niles Road is ideally situated along Niles Road, a major commercial corridor that offers high visibility and easy access to key local and regional destinations. The property is just minutes away from the downtown St. Joseph area, as well as Lake Michigan, making it a highly desirable location for tenants and visitors. It also benefits from convenient access to major highways, including Interstate 94, which connects St. Joseph to Kalamazoo and Chicago, and U.S. Route 31. This prime location ensures sustained demand from a variety of professional and service-oriented tenants.
Why 2500 Niles Road?
2500 Niles Road offers investors the chance to acquire a cash-flowing asset in a growing market with a 40% vacancy upside. With a stable tenant base, modern amenities, and a strategic location near Lake Michigan and major highways, this property is well-positioned for long-term success. Investors can benefit from reliable income with the potential for future rent increases, making 2500 Niles Road a compelling investment opportunity in a competitive market.
Stable Current Tenant Mix: 2500 Niles Road boasts a diverse and reliable mix of professional and medical office tenants, including professional services, healthcare providers, and financial firms. Many tenants have been in the building for several years, demonstrating the property’s desirability and the long-term commitment of its occupants. The current tenant roster provides consistent cash flow, with leases offering built-in rent escalations that present potential for revenue growth.
Investment Highlights:
VALUE-ADD: 24,962 SF office building with 60% occupancy, providing immediate cash flow and strong growth potential with 40% vacancy upside.
Diverse Tenant Mix: Tenants include professional services and healthcare providers, ensuring stability and a broad market appeal.
Stable Cash Flow: Long-term tenants with built-in rent escalations offer predictable income and potential for rent growth.
Ample Parking: On-site parking available for tenants and visitors, a key feature for professional office buildings.
Flexible Office Space: Suites with adaptable layouts to meet tenant needs, enhancing retention and lease-up potential.
Location Highlights:
Prime Location on Niles Road: Situated along a major commercial corridor with high visibility and traffic flow.
Proximity to Downtown St. Joseph: Minutes from downtown St. Joseph and Lake Michigan, making it a highly desirable office location.
Easy Highway Access: Convenient access to Interstate 94 and U.S. Route 31, connecting the property to major cities like Kalamazoo and Chicago.
Growing Market: Located within the Benton Harbor-St. Joseph MSA, a region with a diverse economic base and continued population growth.
Vibrant Business Environment: St. Joseph is a thriving hub for industries like manufacturing, healthcare, and professional services, ensuring sustained demand for office space.