44200 Woodward Ave, Pontiac, MI 48341

Northmarq is pleased to offer qualified investors the opportunity to acquire the condo interest in the land and building of a single-tenant dialysis clinic located at 44200 Woodward Avenue, Suite 109, Pontiac, Michigan, within the Lexus Professional Building. The property consists of 0.31 acres improved with a 13,561-square-foot medical office suite that was purpose-built in 2008 to the exact specifications of the tenant, Henry Ford Health System d/b/a Greenfield Health System. The site is strategically positioned directly across Woodward Avenue, which carries over 32,000 vehicles per day, from Trinity Health Oakland Hospital, a 497-bed community teaching hospital and Level II trauma center. The surrounding trade area features strong demographics, with more than 167,000 residents within a five-mile radius and average household income exceeding $143,000.

The property is fully leased to Henry Ford Health System d/b/a Greenfield Health System, a leading healthcare provider in Michigan specializing exclusively in kidney care. The tenant has operated at this location since 2008 and recently executed a 10-year lease extension through August 31, 2035. The lease is structured as NNN and features 1.5% annual rent increases, providing stable and growing income with minimal landlord responsibilities. Current annual rent is $345,805, with the next scheduled increase to $350,993 effective September 1, 2026. Henry Ford Health System generated $9.6 billion in revenue and $542 million in net income in 2024 and holds an A+ credit rating from Fitch, offering investors long-term income security backed by an investment-grade healthcare system in the Detroit MSA.