44650 Delco Blvd | Sterling Heights, MI 48313
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- LoopNet Team
44650 Delco Blvd
Sterling Heights, MI 48313
9 Yr NNN Vision Surgery Center | $102K Income · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Minimal landlord responsibilities throughout the lease term, offering a passive investment for both local and national investors.
- The Vision Institute of Michigan is consistently ranked as one of the top practices for number of procedures by Medicare.
- A suburb of Detroit, Sterling Heights has been ranked #1 safest city in Michigan for four consecutive years.
- There are just over 9 years remaining on the lease with 2% annual increases and four (4)- five (5) year options to extend.
- The asset caters to over 248K residents within a 5-mile radius who boast an average household income of over $102K.
- The property is strategically located in an opportunity zone, located between the Henry Ford Macomb Hospital and the Beaumont Hospital of Troy.
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
17,390 SF
Building Class
C
Year Built/Renovated
1990/2019
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
17,390 SF
Building FAR
0.16
Lot Size
2.46 AC
Zoning
O-2
Parking
120 Spaces (9.08 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 10-10-02-126-016 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $819,100 |
PROPERTY TAXES
Parcel Number
10-10-02-126-016
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$819,100
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