Premier Medical Sale Leaseback
$529,294
20280 Middlebelt Road, Livonia, MI 48152
7.8
Cap Rate
41,285
NOI
Details:
Highlights:
- BRAND NEW 10 YEAR SALE-LEASEBACK
- TRUE NNN STRUCTURE WITH ANNUAL INCREASES
- STRATEGIC LOCATION NEAR MAJOR HOSPITAL
- HIGH-QUALITY MEDICAL BUILDOUTS
Description:
Landmark Investment Sales is pleased to offer a brand new 10-year sale leaseback opportunity featuring an experienced operator backed by a personal guarantee. The lease is structured as absolute triple net, with CAM, tax, and insurance being paid by the tenant directly. This lease includes fixed 3 percent annual rent increases that provide predictable income growth and a strong hedge against inflation. The property is strategically located less than one mile from Beaumont Hospital in Farmington Hills, a 200-bed hospital employing more than 2,500 people and is supported by strong surrounding demographics of more than 220,000 residents and an average household income of approximately $89,000 within a five-mile radius.
Documents:
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115i_Premier_Medicine-Livonia__MI-OM.pdf
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Location
Gallery