Property Description

Liv Communities is pleased to offer for sale a single-tenant, 7,560 SF medical/therapy building on a 1.56-acre parcel at 16925 Ability Way, Grand Haven, Michigan. The building was built in 2020 specifically for The Shoreline Center, the Lakeshores leading provider of ABA, OT and speech language therapy. The Tenant occupies the building under five-year lease. The tenant provides applied behavior analysis (ABA), speech and language therapy, occupational therapy and related pediatric services to the Lakeshore and surrounding communities. The asset offers an investor stable, needs-based healthcare income in a modern, low-maintenance building with site features and a location that are difficult to replicate. ¢ Purpose-built for the tenant. The 7,560 SF building was designed and built in 2020 around the clinics treatment, therapy and family-waiting needs. ¢ Five-year lease in place. Contractual income from a single, established operator. ¢ Established, growing tenant. A multi-discipline pediatric clinic serving the Lakeshore and surrounding communities. ¢ Needs-based, internet-resistant use. ABA, speech and occupational therapy are delivered in person and are driven by ongoing demand for pediatric developmental services. ¢ Diversified service lines. Three core therapy disciplines under one roof reduce reliance on any single program or referral source. ¢ High tenant investment in the site. A fenced exterior playground with playground equipment supports therapy programming and makes the location costly to replicate, which encourages renewal. ¢ Ample parking on 1.56 acres. The parcel accommodates staff, family drop-off and pick-up, and patient visits. ¢ Modern, low-maintenance asset. 2020 construction limits near-term capital expenditure.

Property Features

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