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Concentra Urgent Care 34087-34095 Plymouth Rd 16,375 SF Office Building Livonia, MI 48150 $4,992,410 ($304.88/SF) 6.25% Cap Rate
Investment Highlights
- Single-tenant urgent care facility leased to Concentra Health Services
- 3% annual rent escalations through term and renewal
- Roof replacement completed in 2021
- Double net lease with approximately 9.6 years remaining
- Concentra operating at this location since 1995
- High-visibility Livonia location with direct access to Interstate 96
Executive Summary
Northmarq is pleased to offer a single-tenant urgent care facility leased to Concentra Health Services, Inc. located at 34095 Plymouth Road in Livonia, Michigan. The property consists of a 16,375-square-foot, single-story building on 2.19 acres and operates as a Concentra Urgent Care and Advanced Specialists clinic providing occupational health, urgent care, physical therapy, and health and wellness services. The site benefits from a highly visible infill location with direct access to Interstate 96 and Farmington Road, supporting both local residents and the surrounding workforce.
The property is subject to a double net lease expiring December 31, 2035, with approximately 9.6 years of remaining term and 3 percent annual rent escalations throughout the primary term and renewal option. Concentra is the nation’s largest provider of occupational health services and has operated at this location since 1995, underscoring the mission-critical nature of the facility within its broader operating platform.
In Association With: Melissa Diane McKenzie – MI Lic. #6502387293
The property is subject to a double net lease expiring December 31, 2035, with approximately 9.6 years of remaining term and 3 percent annual rent escalations throughout the primary term and renewal option. Concentra is the nation’s largest provider of occupational health services and has operated at this location since 1995, underscoring the mission-critical nature of the facility within its broader operating platform.
In Association With: Melissa Diane McKenzie – MI Lic. #6502387293
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$312,025
|
$19.05
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $312,025 |
| Annual Per SF | $19.05 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
16,375 SF
Building Class
C
Year Built/Renovated
1985/2025
Price
$4,992,410
Price Per SF
$304.88
Cap Rate
6.25%
NOI
$312,026
Tenancy
Single
Building Height
1 Story
Typical Floor Size
16,375 SF
Building FAR
0.17
Lot Size
2.19 AC
Zoning
C-2
Parking
80 Spaces (4.89 Spaces per 1,000 SF Leased)
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
- 16,375 SF
- $19.06
- Double Net
- Dec 2035
Concentra began in 1979, when clinicians founded the business around occupational health services. Concentra now serves employers through a broad care platform that includes workers' compensation care, injury care, primary care, urgent care, preventive care, physical therapy, athletic training, health and wellness services, first aid, after-hours nurse triage, and telemedicine. The company also supports onsite health programs for employer worksites and delivers care through a national network of occupational health centers. Concentra's market presence centers on helping businesses manage workplace injuries and employee health needs across a wide range of industries.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | 16,375 SF | $19.06 | Double Net | Dec 2035 |
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Fairly walkable
50/100
Very drivable
80/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 46-129-99-0006-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $896,100 |
Property Taxes
Parcel Number
46-129-99-0006-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$896,100
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