State of Michigan Department of Health and Human Services

- Long-Term Government Tenant Stability: The property is 100% leased to the Michigan Department of Health and Human Services (MDHHS), a highly creditworthy government tenant, the state occupied the property since 1998.

- New 10-Year Lease with Options: MDHHS recently signed a new 10-year executive lease with three 5-year renewal options, providing long-term income stability and reduced rollover risk.

- Significant Capital Improvements: The landlord invested $700,000+ in interior renovations and freshly repaved the parking lot in 2023, enhancing the building’s functionality and appeal, and signaling a long-term commitment to the asset and tenant

- Fully Occupied, Single-Tenant Asset: The entire 15,804 SF building is occupied by a single tenant, simplifying management and ensuring consistent cash flow. Mission-Critical Government Use: The building supports essential public services, making it a mission-critical facility for the tenant and reducing the likelihood of relocation.

- Attractive Yield with Minimal Management: Government-leased properties typically offer strong, stable returns with low management intensity, ideal for passive investors.

- Strategic Location in Cassopolis, MI: Located on M-62 Highway, the property benefits from excellent visibility and accessibility, neighboring the Cass County District Library, Prosecuting Attorney, Animal Control, and Sheriff’s Department.

- Strong Renewal Probability: Given the tenant’s long history and the nature of their operations, there is a high likelihood of lease renewal, supporting long-term investment security.