Healthcare    

Legend Healthcare

Wyandotte, MI

Asking Price

$2,262,857

Cap Rate

7.00%

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Expenses

Net Lease

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Building Size

12,300 SF

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Lot Size

0.69 AC

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Population

160K+ (5 Mi)

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Avg HHI

$75K+ (5 Mi)

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Long-Term Net Lease – Brand New 15-Year Lease at $12.88/SF
  • Attractive Rent Escalations – 1.50% Annually for the Duration of the Lease
  • High Residual Asset; +/- $200/SF for Fully Occupied Medical Building
  • Proximity to Henry Ford Wyandotte Hospital with Outstanding Access to Major Arterials
  • More than 160,000 People within 5 Miles of the Property

Exclusively Listed By

Isaiah Harf

Managing Director
  iharf@northmarq.com      +1 773.963.2637

BJ Feller

Senior Vice President & Managing Director
  bfeller@northmarq.com   
Michigan Broker #6506047670

Christian Tremblay

Vice President
  ctremblay@northmarq.com   

Blaise Bennett

Associate Vice President
  bbennett@northmarq.com   

Mark Lovering

Senior Associate
  mlovering@northmarq.com   

Andy Gatchell

Senior Associate
  agatchell@northmarq.com   

Josh Dicker

Senior Analyst
  jdicker@northmarq.com   

Nick O’Brien

Analyst
  nobrien@northmarq.com   

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