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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
23761385
23761384

18181 W 12 Mile Rd, Lathrup Village, MI 48076

LZ
TX 767664
Peranich Huffman
Listed by Peranich Huffman
$2,063,000
366 days on market
Updated 38 days ago

Heartland Dental

Details
Property Type Office, Retail
Sub Type Medical Office, Dental (+1)
Square Footage 7,400
Cap Rate 7.5%
NOI $154,760
Occupancy 100%
Tenancy Single
Brand/Tenant Heartland Dental
Lease Type NNN
Lease Expiration 03/31/2032
Remaining Term 5.8
Rent Bumps Yes
Lease Options (4) 5-Year Options
Acreage 0.830
Investment Type Net Lease
Tenant Credit Corporate Guarantee

High Performing Location | Guaranteed by Heartland Dental | Annual Rent Escalations

Marketing description

  • Corporately Guaranteed By Heartland Dental

  • Annual 1.50% Rent Escalations

  • High Performing Location

Listing Contacts

LZ
TX 767664
Peranich Huffman
Listed by Peranich Huffman

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$154,760.00
$12,896.67/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

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Additional Information

Name
Brian Brockman
License
MI License #: 6502428679
Brokerage
Bang Realty-Michigan, Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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