Listed by ParaSell Inc, CrownPoint Partners
$2,042,553
Corporate DSO Guarantee | 15 Yr Abs Net
Details
APN 23-10-476-037
Property Type Retail, Office
Sub Type Medical Office
Square Footage 9,800
Net Rentable (SqFt) 9,800
Units 54
Cap Rate 7.05%
NOI $144,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 04/30/2041
Remaining Term 15
Rent Bumps Yes
Lease Options 2X 5 Year
Price per SqFt $208
Year Renovated 2026
Buildings 1
Parking Spaces 54 spaces
Parking Per SqFt 5.51
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 04/17/2026
Ground Lease No
Ownership Fee Simple
Sale Condition N/A
Corporate DSO Guarantee | 15 Yr Abs Net
Investment highlights
PROPERTY HIGHLIGHTS
- Brand New 15 Year Absolute Net Lease
- Corporate Guarantee from National Dental Support Organization (DSO)
- 9,800 SF Multi-Suite Office Building Situated on a 0.69-Acre Parcel
- Ample Surface Parking With 54 On-Site Spaces
- Zero Landlord Responsibilities
- Below Market Rent at $14.69 PSF
- Attractive Annual 2.5% Rent Increases in Base Term and Options
- Well-Established Dental Support Organization (DSO) with Strategic Growth Plans to Build a Portfolio of 100 Dental Practices
- Tenant Currently has 17 Locations: 9 Open with 8 Additional Locations Under Development
- Institutional-Scale Asset Size Well-Suited for Private Investors Seeking Predictable Cash Flow and Long-Term Hold Potential
- Strategically Located Within a Dense Medical Corridor Surrounded by Clinics, Medical Offices, and Hospitals
- Located in Farmington Hills, One of Metro Detroit's Most Established and Business-Friendly Submarkets
- Excellent Regional Connectivity With Immediate Access to I-696, M-5, Telegraph Road, and Surrounding Arterial Routes
- Positioned Near Major Employment Centers Including Southfield, Novi, and Birmingham
- Surrounded by Established Residential Neighborhoods Supporting Long-Term Medical and Office Demand
- Proximity to National Retailers, Restaurants, and Daily-Service Amenities Along 12 Mile Road and Nearby Commercial Corridors
- Strong Visibility and Easy Ingress and Egress Enhance Accessibility for Patients, Clients, and Employees
- Within Close Proximity to Beaumont Health, Ascension, and Other Regional Healthcare Providers
- Convenient Access to Public Transportation and Major Arterial Roads Supports Workforce Mobility
Listing Contacts
Listed by ParaSell Inc, CrownPoint Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$144,000.00
$12,000.00/mo
Valuation Metrics
0
DSCR
7.05%
Cap Rate
7.05%
ROI
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