Offering Memorandum
Investment Sale
Premier Medical Sale Leaseback
20280 Middlebelt Rd
Livonia, Michigan
Livonia, Michigan
eCode:115i
Sales Price
$529,294
NOI
$41,285
Cap Rate
7.80%
Building Size
1,795 SF
Traffic Count
Middlebelt Rd (24,086 CPD)
8 Mile Rd (20,627 CPD)
Highlights
- Brand New 10 Year Sale-Leaseback
- True NNN Structure with Annual Increases
- Strategic Location Near Major Hospital
- High-Quality Medical Buildouts
| Radius | 1 mile | 3 mile | 5 mile |
| Population Density | 9,699 | 83,477 | 225,085 |
| Household Income | $98,167 | $105,355 | $103,999 |
| Daytime Pop | 4,281 | 26,919 | 146,669 |
SIMILAR PROPERTIES
Multi-Tenant
6029-6035 E Virginia Beach Blvd
Norfolk, Virginia
$2,037,959 | 16,325 SF
Norfolk, Virginia
$2,037,959 | 16,325 SF
Multi-Tenant
205 S. Greenville West Dr
Greenville, Michigan
$8,000,000 | 95,054 SF
Greenville, Michigan
$8,000,000 | 95,054 SF
