847-444-9254
100 E Michigan Ave, Jackson, MI for Sale
Medical - FOR SALE
1/5
null | Request Cap Rate

100 E Michigan Ave
Jackson, MI 49201


HIGHLIGHTS

  • 24-Year Absolute NNN Lease With No Landlord Responsibilities
  • Zero Cash Flow with Potential Upside
  • Moody's: "A2" with "Stable" Outlook
  • Annual Net Rent Of $2,234,227 or $20.41 Per Square Foot
  • Tenancy to 2nd Largest Healthcare Provider in Michigan with $9.6 Billion in 2024 Revenue
  • Mission-Critical, Regionally-Important Facility

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

One Jackson Square

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

11

BUILDING CLASS

B

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

C-3

APN/PARCEL ID

7-000100000

ASK ABOUT THIS PROPERTY

847-444-9254

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847-444-9254

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