Ross Medical Education Center
8100 Murphy Drive | Brighton, Michigan 48116
Investment Offering:
- Price: $1,868,000
- Cap Rate: 9.00%
- Square Feet: 8,973
Investment Highlights:
- Stable Tenant – Ross Medical Education Center has been a tenant since 2007 and has recently extended their lease for an additional five years through February, 2019
- Annual Rental Escalations – The lease is equipped with annual rental escalations of 3%
- Minimal Landlord Responsibilities – Ross Education is responsible for reimbursing the landlord for all operating expenses in addition to an administration fee of 15%
- Solid Demographics, Thriving Growth Area – Population of 26,000+ people and an average household income of $85,000, all within a three-mile radius
- Prime Trade Area – Located within the same development as Brighton Towne Square which is occupied by Target, Home Depot and MJR Brighton Towne Square Cinema
- Great Location and Visibility – The property is in a great location with close access to Grand River Avenue and I-96
- Click Here for 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
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