Invest Wisely in This Medical Condominium and Enjoy a Simple Income Property with a Reliable Cash Flow! Located Within the Hartland Millennium Center, A 3-Building All Brick Medical Complex on a Cul-De-Sac Just 1/2 Half Mile East of Old US~23 on the Southside of M~59 (Highland Road) No Vacancies in this Entire Complex, Long Term Tenant = Advanced Physical Therapy Just Recently Signed a New Lease So You Can Rely on Steady Income ~ A Copy of the Lease and The Recent Profit and Loss Statement Will Be Provided Once We Receive a Signed Confidentiality Agreement (In Realcomp) From the Prospective Purchaser(s) and Purchaser(s) Broker ~ The Square Footage Herein Does Not Include the Owners Proportionate Interest in the Common Seating Area in Foyer and Common Area Bathrooms ~ This Entire Building is For Sale, A Total of 4 Office Condominium Units For the Total Price of $2,475,000.00 ~ The 3 Additional Units Are One Different Owner That Are Currently For Sale for $1,750,000.00, See Multi-List #20230002244 ~ The Individual Owners of this Unit and the Other 3 Units Mentioned Are Open to a Possible Transaction for the Entire Building, Subject to An Agreeable Transaction Structure or Purchase this Unit for a More Moderate Investment ~ Either Way You Will Experience a Desirable Return on Investment! Currently A 9.6% Cap Rate!
Excellent Investment Opportunity with Minimal Management Required ~ Three Medical Office Condo Units with Excellent Leases From Secure Tenants, Detroit Medical Center Leases 4,313 Square Feet and Mercy Plus Health Care Leases a Total of 4,380 Square Feet (2 Units) ~ Three Out of the 4 Condominium Units in this Building Are Included in this Offering ~ The Fourth Unit is Occupied By Advance Physical Therapy Which is a Complimentary User ti these Tenants ~ All Leases Are Triple Net Leases ~ Please Contact the Listing Office for Financial/Lease Details, A Simple Confidentiality Agreement Will Be Required to Be Authorized By Prospective Purchasers Before financial Details Will Be Released ~ Located in a 3-Building Medical Complex Off M~59 (The Hartland Millennium Center Located Less than 1 Mile East of US~23 on the South Side of M~59 ~ This Area is Part of the M~59/US~23 Corridor that is Experiencing Rapid Commercial Development ~ Make a Secure Investment in a Thriving Community ~ Good Real Estate with Great Numbers!
Hartland is located in Michigan. Hartland, Michigan has a population of 14,900. Hartland is more family-centric than the surrounding county with 36.8% of the households containing married families with children. The county average for households married with children is 33.5%.
The median household income in Hartland, Michigan is $87,690. The median household income for the surrounding county is $78,430 compared to the national median of $57,652. The median age of people living in Hartland is 41.1 years.
The average high temperature in July is 81.3 degrees, with an average low temperature in January of 14.8 degrees. The average rainfall is approximately 32.8 inches per year, with 31.6 inches of snow per year.
