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29980859

20280 Middlebelt Rd, Livonia, MI 48152

ML
MI MI 6501395927
Landmark Commercial Real Estate Services
JM
MI 6501450066
Landmark Commercial Real Estate Services
EN
MI 6501456898
Landmark Commercial Real Estate Services
DK
MI 6502361395
Landmark Commercial Real Estate Services
JG
MI 6501378141
Landmark Commercial Real Estate Services
Listed by Landmark Commercial Real Estate Services
$529,294
104 days on market
Updated 36 days ago

Premier Medical Sale-Leaseback

Details
Property Type Office
Sub Type Medical Office
Square Footage 1,795
Cap Rate 7.8%
NOI $41,285
Occupancy 100%
Lease Type NNN
Price per SqFt $295
Investment Type Net Lease

Office | 7.80% CAP | 1,795 SqFt

Marketing description

Landmark Investment Sales is pleased to offer a brand new 10-year sale leaseback opportunity featuring an experienced operator backed by a personal guarantee. The lease is structured as absolute triple net, with CAM, tax, and insurance being paid by the tenant directly. This lease includes fixed 3 percent annual rent increases that provide predictable income growth and a strong hedge against inflation. The property is strategically located less than one mile from Beaumont Hospital in Farmington Hills, a 200-bed hospital employing more than 2,500 people and is supported by strong surrounding demographics of more than 220,000 residents and an average household income of approximately $89,000 within a five-mile radius.

Investment highlights

  • Brand New 10 Year Sale-Leaseback

  • True NNN Structure with Annual Increases

  • Strategic Location Near Major Hospital

  • High-Quality Medical Buildouts

Listing Contacts

ML
MI MI 6501395927
Landmark Commercial Real Estate Services
JM
MI 6501450066
Landmark Commercial Real Estate Services
EN
MI 6501456898
Landmark Commercial Real Estate Services
DK
MI 6502361395
Landmark Commercial Real Estate Services
JG
MI 6501378141
Landmark Commercial Real Estate Services
Listed by Landmark Commercial Real Estate Services

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$41,285.00
$3,440.42/mo

Valuation Metrics

0
DSCR
7.8%
Cap Rate
7.8%
ROI

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Additional Information

Name
Max Lippitt
License
MI 6501395927
Brokerage
Landmark Commercial Real Estate
Brokerage Phone
2485148156
Name
Jack Melton
License
6501450066
Brokerage
Landmark Commercial Real Estate
Name
Eli Neuman
License
6501456898
Brokerage
Landmark Commercial Real Estate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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