List Search

64 Victor St
Highland Park, MI 48203 Highland Park

Price Upon Request

Medical For Sale  •  15,500 SF

Property Details

  • Property Type Medical
  • Total Building Size 15,500 SF
  • Lot Size 0.83 AC
  • Building Class B
  • Year Built 1963
  • Tenancy Single
0 Transit Score
69 Walk Score

Highlights

Absolute Net Lease - Tenant handles all expenses; landlord enjoys passive income with zero operational obligations.
Proximity to Downtown Detroit - Located 3 miles from Detroit's central business district, near key employers and healthcare along Woodward Ave.
Tenant Funded Renovations - $2M in tenant-funded upgrades underway; rent started and completion expected by August 2025.
Strong Population Density - Over 345,000 residents within 5 miles support demand for Vivent Health’s services.
Rent Escalations - Lease includes 3% annual increases starting in year 6, and continuing through two option periods.

Financial Summary (Actual)

Net Operating Income: $209,250 USD (2025)

Major Tenants

Tenant SF Occupied Lease End Date
Vivent Health 15,500 SF 12/31/2034

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Signage
  • Reception
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
8 min - 3.1 mi
15 min - 8.9 mi
AirportDriveWalkDistance
Windsor International 34 min - 16.4 mi
Detroit Metro Wayne County 37 min - 25.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 39
Type: Surface
Included in Rent: Yes