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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
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
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 is a national healthcare company specializing in occupational health, urgent care, and physical therapy services. Founded in 1979, the organization operates a network of medical centers and onsite clinics across the United States, serving employers and their workforces with injury care, preventive health programs, and wellness solutions. Concentra’s services include injury treatment, drug and alcohol testing, physical exams, immunizations, and rehabilitation programs designed to support employee health and workplace safety. The company also offers telemedicine options and employer-focused health management programs to reduce downtime and improve productivity. Headquartered in Addison, Texas, Concentra is privately held and maintains a strong presence in the occupational health sector through its extensive network of clinics and partnerships with employers nationwide.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | 16,375 SF | $19.06 | Double Net | Dec 2035 |
Property Taxes
| Parcel Number | 46-129-99-0006-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $896,100 |
Property Taxes
Presented by
Concentra Urgent Care | 34087-34095 Plymouth Rd
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