5375 Hampton Pl - Medical FOR SALE
Saginaw, MI 48604 |
$545,000 USD
248-702-0288
5375 Hampton Pl
Saginaw, MI 48604
HIGHLIGHTS
- 10.00% CAP Rate on NNN Lease - Fully leased to Henry Ford Health System
- Corporate Lease Guarantee - Lease is guaranteed by Henry Ford Health System
- Strong Medical Tenant with Over 100 Years of Operation
- Recent Construction with Efficient Layout - Built in 1999
- Demographic Stability in a Core Michigan Market
- Flexible Exit Strategy or Hold as High-Yield Asset - Ideal for private investors, 1031 exchange buyers
FOR SALE DETAILS
PRICE
$545,000 USD
PRICE/SF
$154 USD /SF
CAP RATE
10%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
HENRY FORD HEALTH MEDICAL OFFICE
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
0.95 AC
LAND SF
41,382 SF
ZONING
B-1
APN/PARCEL ID
18134354002007
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248-702-0288
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248-702-0288
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