www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
26522555
26522556

32280 Five Mile Rd, Livonia, MI 48154

NZ
MI 6​5​0​2​3​7​4​1​0​2
Mirlo Real Estate Partners
Listed by Mirlo Real Estate Partners
$1,295,000
291 days on market
Updated 63 days ago

NNN Investment with Credit Tenant

Details
Property Type Office, Retail (+1)
Sub Type Medical Office
Square Footage 3,898
Net Rentable (SqFt) 3,898
Units 1
Occupancy 100%
Tenancy Single
Brand/Tenant Smile Partners USA
Lease Type NNN
Lease Term 5
Lease Expiration 12/31/2027
Remaining Term 1.6
Lease Options one (5) year
Broker Co-Op Yes
Class C
Year Built 1976
Year Renovated 2018
Buildings 1
Stories 1
Acreage 0.320
Zoning OS
Parking Spaces 21 spaces
Parking Per SqFt 5.39
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 01/01/2023

High End Dental suite with Credit worthy DSO Tenant, Minimal Landlord Responsibility

Marketing description

  • Passive Investment Opportunity – This property offers an excellent investment for 1031 exchange buyers seeking a high-yield asset with minimal landlor

  • Strong Demographics – The site is favorably located in a wealthy and heavily populated area with over 256,708 residents in a 5-mile radius

  • Stable Tenant – Smile Partners acquired the practice in 2018 and is midway through their 2nd 5 year term, highlighting their long-term commitment. The

  • Retail Corridor – This office is placed in a pleasant residential area along many healthcare locations. It is surrounded by several shopping and strip

  • Tenant Investment in Location – Dental support organizations rarely relocate due to high build-out costs and difficulty in retaining the same patients

Investment highlights

The lease is a true triple-net (NNN) lease, minimizing unexpected costs for the landlord. The tenant is responsible for all capital expenditures related to ownership, including utility lines, HVAC, snow removal, trash service, and parking lot repaving or resurfacing. The landlord’s obligations are limited solely to the roof and structural exterior walls (excluding the storefront, doors, and windows)

Listing Contacts

NZ
MI 6​5​0​2​3​7​4​1​0​2
Mirlo Real Estate Partners
Listed by Mirlo Real Estate Partners

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Nick Zagar
License
6​5​0​2​3​7​4​1​0​2
Brokerage
Mirlo Real Estate Partners
Title
Broker
Brokerage Address
2225 Packard Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591