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28367391

33703 Van Dyke Ave, Sterling Heights, MI 48312

ML
MI MI 6501395927
Landmark Commercial Real Estate Services
DK
MI 6502361395
Landmark Commercial Real Estate Services
JG
MI 6501378141
Landmark Commercial Real Estate Services
GH
MI 6501401975
Landmark Commercial Real Estate Services
Listed by Landmark Commercial Real Estate Services
$3,627,787
201 days on market
Updated 36 days ago

DMC Medical Group Orthopedics & Sports Medicine Center

Details
Property Type Office
Sub Type Medical Office
Square Footage 7,170
Cap Rate 6.5%
NOI $235,806
Occupancy 100%
Tenancy Single
Brand/Tenant DMC Medical Group
Lease Type NNN
Lease Options Two (2), Five (5) Year Options at FMV (180 days’ notice)
Price per SqFt $506
Year Built 1997
Year Renovated 2023
Buildings 1
Stories 1
Zoning PCD, Planned Center District
Lease Commencement 02/01/2024

6.50% CAP | 7,170 SqFt

Marketing description

Landmark is pleased to present a DMC Orthopedics & Sports Medicine clinic operated by a leading healthcare provider with 32 locations and 250+ providers across Michigan. The property is leased through 2034 with 3% annual increases under a NNN structure, with the landlord responsible only for building capital expenditures. Recent upgrades include a new roof in 2025 and parking lot work completed in November 2025. The site is an outlot to a Walmart-anchored center on busy Van Dyke Avenue (46,000 VPD) surrounded by strong demographics — 291,000 residents within five miles and average household income of $95,900.

Investment highlights

  • DMC Credit – Leading Detroit area alliance of hospitals with 2,000+ Beds, 3,000 affiliated physicians with over 12,000 employees

  • Annual 3% Rent Escalations

  • New Roof and Parking Lot in 2025

  • NNN Lease – Minimal LL Responsibilities

  • 291,000 People within 5-Miles | $96,000 HH Income

Listing Contacts

ML
MI MI 6501395927
Landmark Commercial Real Estate Services
DK
MI 6502361395
Landmark Commercial Real Estate Services
JG
MI 6501378141
Landmark Commercial Real Estate Services
GH
MI 6501401975
Landmark Commercial Real Estate Services
Listed by Landmark Commercial Real Estate Services

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$235,806.00
$19,650.50/mo

Valuation Metrics

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DSCR
6.5%
Cap Rate
6.5%
ROI

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Additional Information

Name
Max Lippitt
License
MI 6501395927
Brokerage
Landmark Commercial Real Estate
Brokerage Phone
2485148156
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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