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64 Victor St
Highland Park, MI 48203
Office Property For Sale
Investment Highlights
- Absolute Net Lease - Tenant handles all expenses; landlord enjoys passive income with zero operational obligations.
- Tenant Funded Renovations - $2M in tenant-funded upgrades underway; rent started and completion expected by August 2025.
- Rent Escalations - Lease includes 3% annual increases starting in year 6, and continuing through two option periods.
- Proximity to Downtown Detroit - Located 3 miles from Detroit's central business district, near key employers and healthcare along Woodward Ave.
- Strong Population Density - Over 345,000 residents within 5 miles support demand for Vivent Health’s services.
Property Facts
Property Type
Office
Property Subtype
Building Size
15,500 SF
Building Class
B
Year Built/Renovated
1963/2025
Tenancy
Single
Building Height
1 Story
Typical Floor Size
15,500 SF
Building FAR
0.43
Lot Size
0.83 AC
Parking
39 Spaces (2.52 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Fenced Lot
- Signage
- Reception
- Air Conditioning
Property Taxes
| Parcel Number | 43-008-01-0064-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $241,800 |
Property Taxes
Parcel Number
43-008-01-0064-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$241,800
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