5150 Cardinal Square Blvd - Health Care FOR SALE
Saginaw, MI 48604 |
$3,428,571 USD
262-672-8388
5150 Cardinal Square Blvd
Saginaw, MI 48604
HIGHLIGHTS
- Long-Term Net Lease: Secured by a 10-year NNN lease with minimal landlord responsibilities, offering passive and dependable income.
- 3% Annual Rental Increases: Built-in 3% annual escalators provide consistent rent growth and an effective hedge against inflation.
- 8.02% Average Cap Rate: 3% annual increases generate an 8.02% average cap rate with growing cash flow.
- E-Commerce Resistant: Oral surgery is a procedure-based medical service insulated from online competition.
- Demographic Growth Drivers: Aging trends and rising implant demand support long-term procedure volume.
- Scaled, Durable Market: A $15B U.S. sector with continued global expansion underscores long-term stability.
FOR SALE DETAILS
PRICE
$3,428,571 USD
PRICE/SF
$450 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Greater Michigan Oral Surgeon & Dental Center
PROPERTY TYPE
Health Care
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
-
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.37 AC
LAND SF
59,677 SF
ZONING
-
APN/PARCEL ID
18134353005003
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262-672-8388
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262-672-8388
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