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Greater Michigan Oral Surgeons & Dental Impla 4161 N Shrestha Dr 5,757 SF Office Building Bay City, MI 48706 $4,218,881 CAD ($732.83 CAD/SF) 7% Cap Rate



Investment Highlights
- Long-term NNN lease with ±9.8 years remaining and minimal landlord responsibilities.
- 7.00% cap rate with $216,000 NOI and $3,085,714 list price for strong cash flow.
- Located in established medical corridor with strong regional population density of 400,000+.
- 3% annual rent increases provide consistent, predictable income growth for investors.
- Purpose-built 2019 construction designed for oral surgery and dental implant procedures.
- Limited supply of oral surgery specialists supports long-term tenant stability and demand.
Executive Summary
Broker of Record
Matt Fitzgerald
License # 6505432273, 6502432668 (MI)
Matthews Real Estate Investment Services, LLC
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Matt Fitzgerald
License # 6505432273, 6502432668 (MI)
Matthews Real Estate Investment Services, LLC
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,757 SF
Building Class
B
Year Built
2019
Price
$4,218,881 CAD
Price Per SF
$732.83 CAD
Cap Rate
7%
NOI
$295,322 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,757 SF
Building FAR
0.06
Lot Size
2.09 AC
Zoning
C-2
Amenities
- Energy Star Labeled
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Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $1,713,489 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,713,489 CAD
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Greater Michigan Oral Surgeons & Dental Impla | 4161 N Shrestha Dr
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