5375 Hampton Pl - Medical FOR SALE
Saginaw, MI 48604 |
$599,000 USD
248-702-0288
5375 Hampton Pl
Saginaw, MI 48604
HIGHLIGHTS
- 9.10% CAP Rate on NN Lease - Fully leased to Henry Ford Health System on a Double Net lease - Minimal Landlord Responsibilities
- Corporate Lease Guarantee - Lease is guaranteed by Henry Ford Health System, a top-tier Michigan-based healthcare provider with over $5.8 billion
- Strong Medical Tenant with Over 100 Years of Operation - Henry Ford Health is a nationally recognized academic medical center
- Recent Construction with Efficient Layout - Built in 1999, the 3,528 SF building sits on nearly one acre with ample parking
- Affordable Price Point | $599,000 ($169.78/SF) - Below replacement cost pricing, offering exceptional value and barrier to entry
- Located in the Heart of Saginaw’s Medical Corridor - Positioned near major medical and institutional employers in Saginaw’s Hampton Place corridor
FOR SALE DETAILS
PRICE
$599,000 USD
PRICE/SF
$170 USD /SF
CAP RATE
9.1%
% 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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