900 52nd St SW - Medical FOR SALE
Wyoming, MI 49509 |
900 52nd St SW
Wyoming, MI 49509
HIGHLIGHTS
- Heartland is the country’s largest network of dental practices with over 1,700 locations, 2,800 doctors, and 20,000 employees.
- They have consistently added new locations every year since the company was founded in 1995, and currently are growing at nearly 100 locations p/yr
- $187 BILLION INDUSTRY: Dentistry is one of the largest industries in healthcare and grows by an average of 5.3% annually.
- The tenants have 1.5% and 2.5% annual rent increases, offering investors the ability to truly keep pace with inflation over time.
- LONG-TERM LOCATION COMMITMENT: Heartland signed a 10 year lease at the location when purchasing the business in 2022
- FAVORABLE RETAIL PROXIMITY: The property conveniently sits a block away from a retail corridor that is home to Target, Menards, etc.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
4535
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2011
SPRINKLERS
-
PARKING SPACES
23
LAND DETAILS
LAND ACRES
0.93 AC AC
LAND SF
40,511 SF
ZONING
-
APN/PARCEL ID
41-18-32-101-058
