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31930 Grand River Ave
Farmington, MI 48336
GUARDIAN DENTISTRY PARTNERS · Office Property For Sale
Investment Highlights
- Tenant Investment in Location – Dental support organizations rarely relocate due to high build-out costs and difficulty in retaining the same patients
- Scheduled Rental Increases – 3.00% annual rental increases provide a future owner a boost in cash flow and return on their investment,
- Strong Demographics – The site is favorably located in a wealthy and heavily populated area with over 208,479 residents in a 5-mile radius
- Retail Corridor – This office is placed between several shopping and strip centers filled with national tenants such as Starbucks, Target, Subway, Wen
- Recent Practice Acquisition – Guardian recently acquired the practice in 2023 and signed a long term lease, highlighting their long-term commitment
- Passive Investment Opportunity – This property offers an excellent investment for 1031 exchange buyers seeking a high-yield asset with minimal landlor
Property Facts
Property Type
Office
Property Subtype
Building Size
2,503 SF
Building Class
A
Year Built
1991
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,503 SF
Building FAR
0.18
Lot Size
0.32 AC
Zoning
BI - Industrial Business District
Parking
21 Spaces (8.39 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | 23-27-403-137 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $257,090 |
Property Taxes
Parcel Number
23-27-403-137
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$257,090
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