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3805 N Dixie Hwy
Monroe, MI 48162 Monroe

$494,308 USD

Storefront Retail Office For Sale  •  1,785 SF

Property Details

• Property Type Storefront Retail Office
• Total Building Size 1,785 SF
• Lot Size 1.42 AC
• Building Class C
• Year Built 1979
• Cap Rate 6.50 %
• Tenancy Single

0 Transit Score

46 Walk Score

Highlights

NATIONALLY RECOGNIZED TENANT – The tenant’s parent company, Bon Secours Mercy Health, is a powerhouse in the healthcare industry.

STRONG INVESTMENT-GRADE CREDIT – Rated “AA-” by Fitch Ratings, the tenant’s parent company, Bon Secours Mercy Health.

LONG-TERM NET LEASE – This property is secured by a long-term NNN lease with 11 years remaining, requiring minimal landlord responsibilities.

ANNUAL RENT GROWTH – With annual 2.5% rental increases, this investment offers consistent growth in cash flow.

OUTPARCEL TO KROGER GROCERY CENTER – This property benefits from its strategic position as an outparcel to a Kroger grocery store.

PROVEN INDUSTRY WITH HIGH GROWTH POTENTIAL – The urgent care market continues to expand, driven by the growing demand for convenient healthcare.

Cap Rate:

6.50 %

Amenities

• Signage
• Drive Thru

Public Transportation

Airport	Drive	Walk	Distance
Detroit Metro Wayne County	31 min	-	22.3 mi
Windsor International	63 min	-	43.7 mi