306 N Gould St - Office FOR SALE
Owosso, MI 48867 |
$2,880,000 USD
262-672-8388
306 N Gould St
Owosso, MI 48867
HIGHLIGHTS
- Long-term NNN lease with ±9.8 years remaining and 3% annual rent increases for stable, growing income.
- Single-tenant dental and oral surgery center with 100% occupancy and minimal landlord responsibilities.
- 7.50% cap rate and $216,000 annual NOI provide attractive cash flow for investors seeking healthcare assets.
- Purpose-built, recently renovated facility with ±5,419 SF on a ±0.92-acre lot in Owosso, MI.
- Tenant is part of a regional oral surgery MSO platform backed by Chicago Pacific Founders private equity.
- Located near Memorial Healthcare Hospital and downtown Owosso, supporting strong patient flow and demand.
FOR SALE DETAILS
PRICE
$2,880,000 USD
PRICE/SF
$531 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.92 AC
LAND SF
40,075 SF
ZONING
-
APN/PARCEL ID
050-541-000-063-00
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262-672-8388
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262-672-8388
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