Log In/Sign Up
Your email has been sent.
Henry Ford Health Medical Office 5375 Hampton Pl 3,528 SF Office Building Saginaw, MI 48604 $824,542 CAD ($233.71 CAD/SF) 9.10% Cap Rate
Investment Highlights
- 9.10% CAP Rate on NN Lease - Fully leased to Henry Ford Health System on a Double Net lease - Minimal Landlord Responsibilities
- Strong Medical Tenant with Over 100 Years of Operation - Henry Ford Health is a nationally recognized academic medical center
- Affordable Price Point | $599,000 ($169.78/SF) - Below replacement cost pricing, offering exceptional value and barrier to entry
- Corporate Lease Guarantee - Lease is guaranteed by Henry Ford Health System, a top-tier Michigan-based healthcare provider with over $5.8 billion
- Recent Construction with Efficient Layout - Built in 1999, the 3,528 SF building sits on nearly one acre with ample parking
- Located in the Heart of Saginaw’s Medical Corridor - Positioned near major medical and institutional employers in Saginaw’s Hampton Place corridor
Executive Summary
9.10% CAP Rate on NN Lease - Fully leased to Henry Ford Health System on a Double Net lease - Minimal Landlord Responsibilities
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,528 SF
Building Class
B
Year Built
1999
Price
$824,542 CAD
Price Per SF
$233.71 CAD
Cap Rate
9.10%
NOI
$75,021 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,528 SF
Building FAR
0.09
Lot Size
0.95 AC
Opportunity Zone
Yes
Zoning
B-1
Parking
30 Spaces (8.5 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 18-13-4-35-4002-007 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $259,201 CAD |
Property Taxes
Parcel Number
18-13-4-35-4002-007
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$259,201 CAD
Contacts
-
Deno Bistolarides -
Brandon Hanna -
Ryan Vinco -
Encore Real Estate Investment Services
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Henry Ford Health Medical Office | 5375 Hampton Pl
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.