Listed by ParaSell Inc, CrownPoint Partners
$1,680,000
15 Yr Abs NNN Dental | 15 Yr Abs Net | Saginaw, MI
Details
APN 23-12-4-29-1022-000
Property Type Retail, Office
Sub Type Medical Office
Square Footage 12,264
Net Rentable (SqFt) 12,312
Cap Rate 7.15%
NOI $120,000
Occupancy 100%
Tenancy Single
Brand/Tenant Aspen Dental, Heartland Dental
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 04/30/2041
Remaining Term 15
Rent Bumps Yes
Price per SqFt $137
Broker Co-Op True
Year Renovated 2026
Buildings 1
Acreage 1.240
Parking Spaces 50 spaces
Parking Per SqFt 4.08
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 05/08/2026
Ground Lease No
Sale Condition N/A
15 Yr Abs NNN Dental | Saginaw, MI
Investment highlights
PROPERTY HIGHLIGHTS
- 15-year Absolute Net Lease Offers Predictable Cash Flow
- Occupied by a Well-Established Company with a History of Success and Industry Leadership.
- Operated by an experienced tenant with a track record of reliable operations and growth.
- Absolute NNN lease with 2.5% annual rent escalations ensures reliable income and built-in rental growth.
- No landlord responsibilities and potential tax advantages, including opportunities for accelerated depreciation.
- Ideal for private investors or 1031 exchange buyers seeking a manageable, income-producing healthcare asset with strong credit tenancy.
- Located in Saginaw Township, a Highly Desired Submarket Known for Strong Demographics, Household Income, and Retail Strength.
- Surrounded by Established Healthcare Providers, Making the Site Ideal for Medical, Dental, Office, or Service-Based Tenants.
Listing Contacts
Listed by ParaSell Inc, CrownPoint Partners
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$120,000.00
$10,000.00/mo
Valuation Metrics
0
DSCR
7.14%
Cap Rate
7.14%
ROI
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