34087-34095 Plymouth Rd - Medical FOR SALE


Livonia, MI 48150
$4,992,410 USD
918-794-9787
34087-34095 Plymouth Rd, Livonia, MI for Sale
$4,992,410 USD
Medical - FOR SALE
1/4
null | 6.25% Cap Rate

34087-34095 Plymouth Rd
Livonia, MI 48150


HIGHLIGHTS

  • Single-tenant urgent care facility leased to Concentra Health Services
  • Double net lease with approximately 9.6 years remaining
  • 3% annual rent escalations through term and renewal
  • Concentra operating at this location since 1995
  • Roof replacement completed in 2021
  • High-visibility Livonia location with direct access to Interstate 96

OVERVIEW

Northmarq is pleased to offer a single-tenant urgent care facility leased to Concentra Health Services, Inc. located at 34095 Plymouth Road in Livonia, Michigan. The property consists of a 16,375-square-foot, single-story building on 2.19 acres and operates as a Concentra Urgent Care and Advanced Specialists clinic providing occupational health, urgent care, physical therapy, and health and wellness services. The site benefits from a highly visible infill location with direct access to Interstate 96 and Farmington Road, supporting both local residents and the surrounding workforce. The property is subject to a double net lease expiring December 31, 2035, with approximately 9.6 years of remaining term and 3 percent annual rent escalations throughout the primary term and renewal option. Concentra is the nation’s largest provider of occupational health services and has operated at this location since 1995, underscoring the mission-critical nature of the facility within its broader operating platform. In Association With: Melissa Diane McKenzie – MI Lic. #6502387293

FOR SALE DETAILS

PRICE

$4,992,410 USD

PRICE/SF

$305 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Concentra Urgent Care

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

2.19 AC

LAND SF

95,396 SF

ZONING

C-2

APN/PARCEL ID

46-129-99-0006-000

ASK ABOUT THIS PROPERTY

Scott BriggsNorthmarqMore Info
918-794-9787

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Scott BriggsNorthmarqMore Info
918-794-9787

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.