39333 Van Dyke Ave - Health Club FOR SALE
Sterling Heights, MI 48313 |
$3,741,760 USD
248-702-0292
39333 Van Dyke Ave
Sterling Heights, MI 48313
HIGHLIGHTS
- Annual 3% Rent Increases Offer a Hedge Against Inflation and Provide Automatic NOI Growth
- Van Dyke Avenue Delivers Over 64,000 Vehicles Per Day Past This Location, On Average
- Subject Property Ranks on Placer as the 40th Busiest Concentra Location in the Nation - Top 10 Percentile of Clinics
- Concentra is the Largest Provider of Occupational Health Services in the United States
- Servicing 100% of the Fortune 100 and 95% of the Fortune 500 With Contracted Medical Services
- Concentra (NYSE:CON) Generated Over 1.9 Billion in Revenue in 2024
OVERVIEW
Concentra Recently Extended Their Lease for 10+ Years, Highlighting Their Commitment to the Property. Sterling Heights is the Second Largest Suburb of Detroit & Fourth Largest City in Michigan by Population. Close Proximity to Ford's Expanded Van Dyke Electric Powertrain Center Hosting and Ford's Sterling Axle Plant, Employing Over 3,700 Employees Within 3-Mile of the Site. Over 17,400 Manufacturing Employees Work Within a 5-Mile Radius.
FOR SALE DETAILS
PRICE
$3,741,760 USD
PRICE/SF
$300 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Health Club
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1974
SPRINKLERS
-
PARKING SPACES
218
LAND DETAILS
LAND ACRES
2.8 AC
LAND SF
121,968 SF
ZONING
C-3
APN/PARCEL ID
10-10-16-476-013
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248-702-0292
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248-702-0292
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