Offering Memorandum
Investment Sale
DMC Medical Group Orthopedics & Sports Medicine Center
33703 Van Dyke Ave
Sterling Heights, Michigan
Sterling Heights, Michigan
eCode:094i
Sales Price
$3,627,787
NOI
$235,806
Cap Rate
6.50%
Building Size
7,170 SF
Year Built
1997/Renov. 2023
Zoning
PCD, Planned Center District
Traffic Count
Van Dyke Ave (45,851 CPD)
14 Mile Rd (15,155 CPD)
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
| Radius | 1 mile | 3 mile | 5 mile |
| Population Density | 6,951 | 107,095 | 291,295 |
| Household Income | $77,123 | $95,651 | $95,939 |
| Daytime Pop | 5,785 | 46,404 | 155,611 |
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