2851-2929 Russell St
Detroit, MI 48207
Premier Medical SLB 15 year Lease Term · Office Property For Sale

Seller will sign a 15 year Lease at closing at $26 sf NNN yrs 1-5, 15% increase yr 6-10, 15% increase yr 11-15 of the Lease with no Landlord obligations.
Since 2002, Team Wellness Center has been providing exceptional services and care to adults with severe and chronic mental illness in Southeast Michigan. Team Wellness Center is dedicated to enhancing the wellbeing of individuals by providing an array of comprehensive behavioral and physical health services in an environment that promotes quality of life, continuous improvement, social awareness, and healing. Since then, we have expanded our services to include substance use, primary care, child/adolescent, and dental services to meet the growing needs of the community. Team Wellness Center is dedicated to enhancing the wellbeing of individuals by providing an array of comprehensive behavioral and physical health services in an environment that promotes quality of life, continuous improvement, social awareness, and healing.
The subject property is well positioned to the Detroit to serve the community of need of medical services. The location offers full medical services, ample free parking with a rare modern facilities to the community.
Team Wellness is the largest mental health care provider in Wayne County and one of the largest for profit mental health care providers in the Midwest providing extensive programs providing services mental health for all ages, dental, diet and exercise counseling, integrated primary care services and supporting services to over 4,000 patients weekly.
With the redevelopment of Detroit comes a younger generation that are working in the city and baby boomers that want to be part of the rebirth and that will desire to live there. With these improvements there still remains a need for quality medical services.
The subject property is well positioned to the Eastern Market to serve the community of need of medical services. The location offers full medical services, private parking with a rare modern facilities to the community. Team Wellness is the largest mental health care provider in Wayne County and one of the largest for profit mental health care providers in the Midwest providing extensive programs providing services mental health for all ages, dental, diet and exercise counseling, integrated primary care services and supporting services to over 4,000 patients weekly.
With the redevelopment of Detroit comes a younger generation that are working in the city and baby boomers that want to be part of the rebirth and that will desire to live there.
The subject property located on the main street of Russell of Eastern Market area one of the oldest and largest year round markets in the United States. In addition the Eastern Market consists of over 150 business’s form a authentic food-centric district open every day. In addition the subject property offers on site parking and public parking which is rare in any downtown business district.
The subject building located in an Eastern Market area established for 150 years in combination with new residential growth and overall regentrification of the city of Detroit is truly a rare opportunity that comes along.
Team Wellness has invested in New HVAC Units, Roof and updates throughout facility.
Note this can be a portfolio sale of another medical building at 6309 Mack Detroit 61,000 sf with the Team Wellness.