CBRE, Inc., as exclusive advisor to Ownership, is pleased to present the opportunity to acquire the fee simple interest in One Jackson Square at 100 E Michigan Ave, Jackson, Ml (the "Property"). The Property features an existing lease to Henry Ford Health System ("Henry Ford Health", the "Company" or the "Tenant"), a non-profit, investment-grade (Moody's: "A2") health care organization with $9.6 billion in 2024 Revenue. The offering presents the excellent opportunity to acquire a mission critical medical office building leased to an investment-grade tenant with a long-term absolute triple net lease.
The Offering
The Property consists of a medical office building with 109,464 rentable square feet and a 150-space parking lot. The Property includes a 24-year (as of 12/13/25) absolute triple net lease to Henry Ford Health with 2.0% annual rental escalations and no landlord responsibilities. The Property will be offered to investors with a net operating income of $2,234,227 or $20.41 per square foot and investors are asked to bid the cap rate and sale price.