3323-3333 Biddle Avenue | Wyandotte, Michigan 48192
Investment Offering:
Price: $2,727,500
CAP Rate: 8.00%
Square Feet: 16,500
Investment Highlights:
•Buy Side Fee to be Split 50/50, 3% to Procuring Broker!!
•Henry Ford is One of the Nation’s Leading Health Care Providers and is Comprised of Hospitals, Medical Centers and One of the Nation’s Largest Group Practices, the Henry Ford Medical Group
•Henry Ford Health System has More Than 23,000 Employees, Making it the Fifth-Largest Employer in Metro Detroit!
•Stabilized Asset, Currently 100% Occupied
•82% Occupied by Henry Ford Hospital with a Standard & Poor’s Credit Rating of A- / Stable
•Two Separate Office Buildings, One is 100% Occupied by Henry Ford and the Second Building is 67% Occupied by Henry Ford, Who Just Signed a Five Year Lease Extension through December 2019 with the Remaining 33% Occupied by an Internal Medicine Practice
•Excellent Location, Close Proximity to Major Roadways Including Eureka Road and Fort Street with Direct Frontage Along Biddle Avenue
•Less than One Mile from the Henry Ford Wyandotte Hospital, a 306-Bed Hospital
•Click Here for the Property Website
Click Here to View the Offering Memorandum
FOR MORE INFORMATION PLEASE CONTACT:
Bill O’Connor
Senior Vice President
+1 248 351 2045
Bill.Oconnor@cbre.com
David Hesano
Vice President
+1 248 351 2014
David.Hesano@cbre.com
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
Comments are closed, but trackbacks and pingbacks are open.