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
Single-Tenant
1325 28th St SW, Wyoming, Michigan
461 28th St SE, Grand Rapids, Michigan
$1,200,000 | Wyoming, MI: 822 SF | Grand Rapids, MI: 800 SF
461 28th St SE, Grand Rapids, Michigan
$1,200,000 | Wyoming, MI: 822 SF | Grand Rapids, MI: 800 SF
Multi-Tenant
29065 Cabot Dr
Novi, Michigan
Unpriced | 50,501 SF
Novi, Michigan
Unpriced | 50,501 SF
