One Jackson Square
Zero Cash Flow with Potential Upside | Henry Ford Health
Marketing description
CBRE, Inc., as exclusive advisor to Ownership, is pleased to present the opportunity to acquire the fee simple interest in One Jackson Square at 100 E Michigan Ave, Jackson, Ml (the "Property"). The Property features an existing lease to Henry Ford Health System ("Henry Ford Health", the "Company" or the "Tenant"), a non-profit, investment-grade (Moody's: "A2") health care organization with $9.6 billion in 2024 Revenue. The offering presents the excellent opportunity to acquire a mission critical medical office building leased to an investment-grade tenant with a long-term absolute triple net lease.
The Property consists of a medical office building with 109,464 rentable square feet and a 150-space parking lot. The Property includes a 24-year (as of 12/13/25) absolute triple net lease to Henry Ford Health with 2.0% annual rental escalations and no landlord responsibilities. The Property will be offered to investors with a net operating income of $2,234,227 or $20.41 per square foot and investors are asked to bid the cap rate and sale price.
Investment highlights
24-Year Absolute NNN Lease with No Landlord Responsibilities
Zero Cash Flow with Potential Upside
Moody's: "A2" with "Stable" Outlook
Tenant with $9.6 Billion in 2024 Revenue
Tenancy to 2nd Largest Healthcare Provider in Michigan
Mission-Critical, Regionally-Important Facility
Annual Net Rent Of $2,234,227 or $20.41 Per Square Foot
Long-Term, Growing Cash Flow With 2.0% Annual Escalations
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