On Market: 100% Leased ASC and Medical Outpatient Facility in Detroit MSA

Platinum Medical Center

5250 Auto Club Drive | Dearborn, MI 48126 

Berkadia Medical & Life Sciences is pleased to exclusively offer Platinum Medical Center (the “Property”), a 79,777-square-foot ambulatory surgery and medical outpatient building located in Dearborn, Michigan within the Detroit MSA. The Property is 100% leased, with an average tenure of 9.4 years, across 11 suites to a synergistic roster of outpatient providers spanning cardiology, vascular surgery, endocrinology, nephrology, women’s health, lab services and clinical research. The Property is further distinguished by its extensive surgical infrastructure, including a 17,300-square-foot cardiology surgery center featuring a Mobile OEC Elite CFD C-arm imaging system, as well as significant recent capital improvements, including a new roof and HVAC systems.

With a weighted average remaining lease term of 8.9 years, and $1.96 million of year one net operating income, Platinum Medical Center offers investors the opportunity to acquire a mission-critical outpatient healthcare asset with stable cash flow and long-term significance within the Dearborn medical market, surrounded by 95% medical outpatient occupancy and 4.7% year-over-year rent growth. The Property’s scale, surgical capabilities, and modernized systems position it competitively among surrounding outpatient facilities, while its location adjacent to Henry Ford Medical Center – Fairlane further reinforces tenant demand and patient accessibility.

 

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