Brookside Medical Center | 3600 SW Capital Ave
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Brookside Medical Center 3600 SW Capital Ave
46,211 SF 69% Leased Office Building Battle Creek, MI 49015 For Sale 12% Net Initial Yield
Investment Highlights
- Great Investment Opportunity near 12% CAP Rate
- 100% triple net leases
- Surrounded by other medical facilities
- Asset is 69.2% leased allowing for owner/user opportunity
- Surgical center located in building
Executive Summary
Brookside is a 46,211-square-foot, medical outpatient building developed in 1996 in Battle Creek, Michigan. The two-story building is situated on a ±6.86-acre campus located less than one mile from Interstate 94 connecting Battle Creek with Chicago and Detroit.
Brookside Medical Center is a multi-tenant medical outpatient building serving residents of the area with highly specialized care in an under-served market. The Property is anchored by Brookside Surgery Center, a multi-specialty 14-physician ambulatory surgery center providing best-in-class outpatient surgical care with the ability to leverage Brookside’s three well-equipped operating rooms and a separate entrance in the rear of the building. In addition to the ASC, Brookside offers an attractive tenant mix including internal medicine, ophthalmology, optometry, occupational therapy, and laboratory services.
Brookside Medical Center is a multi-tenant medical outpatient building serving residents of the area with highly specialized care in an under-served market. The Property is anchored by Brookside Surgery Center, a multi-specialty 14-physician ambulatory surgery center providing best-in-class outpatient surgical care with the ability to leverage Brookside’s three well-equipped operating rooms and a separate entrance in the rear of the building. In addition to the ASC, Brookside offers an attractive tenant mix including internal medicine, ophthalmology, optometry, occupational therapy, and laboratory services.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
46,211 SF
Building Class
B
Year Built
1996
Net Initial Yield
12%
Percent Leased
69%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
23,106 SF
Building FAR
0.16
Land Acres
6.54 AC
Zoning
O-1 - Commercial
Parking
242 Spaces (5.24 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Courtyard
- Security System
- Signage
- Roof Lights
- Wheelchair Accessible
- Reception
- Monument Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Fl-Ste 102
- 3,301 SF
- Office/Medical
- Full Build-Out
- Now
- 1st Fl-Ste 201
- 2,218 SF
- Office/Medical
- Full Build-Out
- Now
- 1st Fl-Ste 202
- 523 SF
- Office/Medical
- Full Build-Out
- Now
- 1st Fl-Ste 204
- 4,162 SF
- Office/Medical
- Full Build-Out
- Now
Spacious medical office with reception, waiting area, conference/training room, and private offices.
- 1st Fl-Ste 206B
- 670 SF
- Office/Medical
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 102 | 3,301 SF | Office/Medical | Full Build-Out | Now |
| 1st Fl-Ste 201 | 2,218 SF | Office/Medical | Full Build-Out | Now |
| 1st Fl-Ste 202 | 523 SF | Office/Medical | Full Build-Out | Now |
| 1st Fl-Ste 204 | 4,162 SF | Office/Medical | Full Build-Out | Now |
| 1st Fl-Ste 205 | 3,823 SF | Office/Medical | Full Build-Out | Now |
| 1st Fl-Ste 206B | 670 SF | Office/Medical | Full Build-Out | Now |
1st Fl-Ste 102
| Size |
| 3,301 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 201
| Size |
| 2,218 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 202
| Size |
| 523 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 204
| Size |
| 4,162 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 205
| Size |
| 3,823 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 206B
| Size |
| 670 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
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1st Fl-Ste 205
| Size | 3,823 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
Spacious medical office with reception, waiting area, conference/training room, and private offices.
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PROPERTY TAXES
| Parcel Number | 0085-00-910-0 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £1,673,209 |
PROPERTY TAXES
Parcel Number
0085-00-910-0
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,673,209
-
Josh Zeid -
Stokas Bieri Real Estate
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Brookside Medical Center | 3600 SW Capital Ave
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