3805 N Dixie Hwy - Storefront Retail/Office FOR SALE
Monroe, MI 48162 |
$461,631 USD
262-672-8388
3805 N Dixie Hwy
Monroe, MI 48162
HIGHLIGHTS
- NATIONALLY RECOGNIZED TENANT – The tenant’s parent company, Bon Secours Mercy Health, is a powerhouse in the healthcare industry.
- STRONG INVESTMENT-GRADE CREDIT – Rated “AA-” by Fitch Ratings, the tenant’s parent company, Bon Secours Mercy Health.
- LONG-TERM NET LEASE – This property is secured by a long-term NNN lease with 11 years remaining, requiring minimal landlord responsibilities.
- ANNUAL RENT GROWTH – With annual 4% rental increases, this investment offers consistent growth in cash flow.
- OUTPARCEL TO KROGER GROCERY CENTER – This property benefits from its strategic position as an outparcel to a Kroger grocery store.
- PROVEN INDUSTRY WITH HIGH GROWTH POTENTIAL – The urgent care market continues to expand, driven by the growing demand for convenient healthcare.
FOR SALE DETAILS
PRICE
$461,631 USD
PRICE/SF
$259 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Bon Secours Mercy Health Urgent Care
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1979
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.42 AC
LAND SF
61,855 SF
ZONING
-
APN/PARCEL ID
07-056-029-10
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
262-672-8388
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
262-672-8388
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
