For Sale: 90% Occupied DMC Medical Office Building

Excellent Investment Opportunity, DMC Medical Office Building – 28300 Orchard Lake Road| Farmington Hills, Michigan 48334

Investment Offering:

  • ¬†Price: $7,500,000
  • CAP Rate: 7.12%
  • Square Feet: 35,339

Investment Highlights:

  • Stabilized Medical Office Building, Currently 90% Occupied by 11 Medical Office Tenants with Varying Lease Terms
  • 54% of the Property Expiring in 2020 and Later
  • Strong Demographics, High Growth Market, The Average Household Income is $96,000 and the Average Housing Value is $230,000 Within a Three Mile Radius
  • Excellent Location and Visibility, Close Access to I-696 and Direct Frontage Along Orchard Lake Road, Just North of 12 Mile Road
  • Impeccably Maintained, Excellent Condition, the Current Ownership Keeps the Property in Excellent Condition, Completed Parking Lot Maintenance in May, 2014 (Includes Approximately 120 Surface Parking Spaces, Plus Additional Covered Parking Spaces)
  • Medical Campus Feel, Across from the Barry Surgery Center, a 27,217 Square Foot Full-Service Outpatient Surgery Center Affiliated with DMC Sinai-Grace Hospital

For More Information Please Contact:

  • Bill O’Connor

Senior Vice President

+1 248 351 2045

Bill.Oconnor@cbre.com

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