BRONSON ORTHOPEDIC SPECIALISTS MOB

INVESTMENT HIGHLIGHTS

STRATEGIC LOCATION – The property is strategically located less than a mile from Bronson Battle Creek Hospital and across the street from the NorthPointe Woods Assisted Living Facility.

INVESTMENT GRADE TENANCY – Bronson Health has an A2 Moody’s rating with over 9,000 employees and a number of nationally recognized Centers of Health Care Excellence.

COMMUNITY DEVELOPMENT PROJECTS AND SUPPORT – Formerly Old Merchants National Bank, the Milton Battle Creek apartment building underwent a full transformation in 2018. This 1930s, 19-story building was restored to include five commercial spaces and 85 apartment units. Over $32 million in investment was needed to complete the restoration. This project was awarded an economic assistance loan through the Michigan Community Revitalization Program and received $10.4 million from Michigan’s Economic Development Corporation (MEDC). Other local contributions were made by the W.K Kellogg Foundation, Battle Creek Unlimited (BCU), and the Battle Creek Community Foundation. The local funding is a testament to the redevelopment efforts and success seen throughout Battle Creek.

EXTENSIVE HEALTHCARE SYSTEM – Bronson Healthcare was recently named a “15 Top Health System” by PINC AI in 2023. Serving southwest Michigan and northern Indiana, Bronson has over 9,000 employees, more than 1,500 medical staff members, and 747 licensed inpatient beds, making it the region’s largest employer and leading healthcare system.

MEDICAL CORRIDOR WITH ACCESS TO MAJOR HIGHWAYS – North Avenue boasts over 11,200 vehicles per day and is in close proximity to I-94 and M-66. This area has a strong medical presence and is less than a mile from Bronson Hospital, Grace Health, and Kellogg Community College.

LONG TENANT OPERATING HISTORY – Bronson Orthopedic Specialists began operations at this site in 2014 and Armor Physical Therapy since 2009. Both tenants have executed several extensions, showing commitment to the location. Most recently, Bronson extended for an additional three years beginning August 2024.

MEDICAL OFFICE INVESTMENT – Healthcare real estate is increasingly desirable due to its distinct capacity to prosper in tough economic climates. With robust demand, a steady tenant foundation, and resilience against economic slumps, it presents a coveted asset for investors targeting greater investment stability.

HISTORICALLY NICKNAMED “HEALTH CITY” – Dating back to 1866, the founding of the Western Health Reform Institute (now Battle Creek Health Center) was the first event that led to Battle Creek being coined as a “health city”. Under physician John Harvey Kellogg’s leadership, the sanitarium experimented with health foods, resulting in the creation of breakfast cereals, which became the city’s main industry. The reputation of a “health city” was then furthered in 1930, when the W.K. Kellogg Foundation was born in efforts to improve the health and well-being of children.