4161 N Shrestha Dr - Medical FOR SALE
Bay City, MI 48706 |
$3,085,714 USD
262-672-8388
4161 N Shrestha Dr
Bay City, MI 48706
HIGHLIGHTS
- Long-term NNN lease with ±9.8 years remaining and minimal landlord responsibilities.
- 3% annual rent increases provide consistent, predictable income growth for investors.
- 7.00% cap rate with $216,000 NOI and $3,085,714 list price for strong cash flow.
- Purpose-built 2019 construction designed for oral surgery and dental implant procedures.
- Located in established medical corridor with strong regional population density of 400,000+.
- Limited supply of oral surgery specialists supports long-term tenant stability and demand.
FOR SALE DETAILS
PRICE
$3,085,714 USD
PRICE/SF
$701 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Greater Michigan Oral Surgeons & Dental Impla
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2019
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.09 AC
LAND SF
91,040 SF
ZONING
C-2
APN/PARCEL ID
09-010-S34-000-013-00,09-010-S34-000-014-00,09-010-S34-000-015-00
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262-672-8388
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262-672-8388
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