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Medical For Sale • 15,500 SF
| Absolute Net Lease - Tenant covers all expenses, including taxes, insurance, and maintenance, ensuring predictable, passive cash flow. |
| Proximity to Downtown Detroit - Located 3 miles north of Detroit’s CBD, with strong access to major hospitals and employers. |
| Tenant Funded Renovations - $2 million in tenant-funded upgrades recently completed in Q2 2025. |
| Strong Population Density - Located in a dense Michigan market with 345,000 residents within 5 miles, providing a strong customer base for Vivent. |
| Rent Escalations - Lease provides 3% annual rent increases starting in year six, continuing through the first two 5-year renewal option periods. |
| Cap Rate: | 7.25 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Vivent Health | 15,500 SF | 12/31/2034 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Detroit (Wolverine - Amtrak) | 8 min | - | 3.1 mi |
| Royal Oak Amtrak (Wolverine - Amtrak) | 14 min | - | 8.9 mi |
| Airport | Drive | Walk | Distance |
| Windsor International | 33 min | - | 16.3 mi |
| Detroit Metro Wayne County | 37 min | - | 25.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 39 |
| Type: | Surface |
| Included in Rent: | Yes |
Jonathan Peranich
Peranich Huffman Net Lease Group
Jonathan Peranich
Peranich Huffman Net Lease Group
