Medical For Sale • 2,503 SF
Tenant Investment in Location – Dental support organizations rarely relocate due to high build-out costs and difficulty in retaining the same patients |
Retail Corridor – This office is placed between several shopping and strip centers filled with national tenants such as Starbucks, Target, Subway, Wen |
Scheduled Rental Increases – 3.00% annual rental increases provide a future owner a boost in cash flow and return on their investment, |
Recent Practice Acquisition – Guardian recently acquired the practice in 2023 and signed a long term lease, highlighting their long-term commitment |
Strong Demographics – The site is favorably located in a wealthy and heavily populated area with over 208,479 residents in a 5-mile radius |
Passive Investment Opportunity – This property offers an excellent investment for 1031 exchange buyers seeking a high-yield asset with minimal landlor |
Cap Rate: | 7.00 % |
Airport | Drive | Walk | Distance |
---|---|---|---|
Detroit Metro Wayne County | 36 min | - | 27.2 mi |
Windsor International | 52 min | - | 31.7 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 21 |
Type: | Surface |
Included in Rent: | Yes |