20001 Livernois Ave, Detroit, MI 48221
9,500 SF | 100% Leased | Office Building | Online Auction Sale | Detroit, MI 48221
For Sale
Active
13 pictures
- Property Type
-
Office
- Square Feet
- 9,500 SF
Listing Contacts
Deno Bistolarides
Ayson Shammami
Marcel Pearl
Derek Rudd
- Property Info
Property Overview
Innovative Renal Care dialysis center available for sale in the revitalizing Detroit metropolitan area. Located near the signalized intersection of Livernois Avenue and Chippewa Avenue, 20001 Livernois Avenue is a 9,500-square-foot single-story medical office home to longstanding tenant American Renal Associates – Wayne County Dialysis Center. This noteworthy investment opportunity presents minimal landlord responsibilities with a double net lease in place set up with 3% annual rental increases through 2029. The e-commerce and recession-resistant tenant is optimally situated in a heavily trafficked area, operating two shifts, six days a week, with 25 on-site chairs.
20001 Livernois Avenue is exceptionally established along a major thoroughfare in front of 16,941 vehicles per day with unmissable building signage. The property boasts extreme convenience as it is adjacent to the Detroit Department of Transportation 30 bus line and is within walking distance of numerous surrounding bus stops. The building is 4 miles from the Interstate 75 and Interstate 696 interchange and is less than 10 miles from Downtown Detroit.
20001 Livernois Avenue is conveniently positioned within a 5-mile radius of major retailers, including Meijer, Aldi, Kroger, CVS, Walgreens, Dollar Tree, Trader Joe’s, Family Dollar, and more. This surrounding mileage also features complimentary demographics as more than 395,500 residents live in 61% owner-occupied homes, bringing in an average household income of nearly $65,000. This population spends about $4.3 billion in the community annually and is joined by a substantial daytime employment of 115,172 employees.
Property tours are available by appointment only. Please contact the broker to schedule.
20001 Livernois Avenue is exceptionally established along a major thoroughfare in front of 16,941 vehicles per day with unmissable building signage. The property boasts extreme convenience as it is adjacent to the Detroit Department of Transportation 30 bus line and is within walking distance of numerous surrounding bus stops. The building is 4 miles from the Interstate 75 and Interstate 696 interchange and is less than 10 miles from Downtown Detroit.
20001 Livernois Avenue is conveniently positioned within a 5-mile radius of major retailers, including Meijer, Aldi, Kroger, CVS, Walgreens, Dollar Tree, Trader Joe’s, Family Dollar, and more. This surrounding mileage also features complimentary demographics as more than 395,500 residents live in 61% owner-occupied homes, bringing in an average household income of nearly $65,000. This population spends about $4.3 billion in the community annually and is joined by a substantial daytime employment of 115,172 employees.
Property tours are available by appointment only. Please contact the broker to schedule.
Property Details
- Class
- A
- Year Built/Renovated
- 2003/2009
- Stories
- 1
- Property Subtype
- Medical
- Lot Size (sq. ft)
- 26,572 SF
Highlights
- Primely positioned, 9,500-SF, masonry-constructed dialysis center excellently located on a highly visible 0.61-acre lot within the Detroit MSA.
- Beneficially situated with prominent building signage along the heavily traveled Livernois Avenue front and center to about 17,000 VPD.
- Sought-after 100% occupied investment with minimal landlord responsibilities as the tenant is on a double net lease with annual rental increases.
- Longstanding e-commerce and recession resistant tenancy since 2009 demonstrating a strong commitment to the property.
- Ideally located with extreme accessibility adjacent to a DDOT bus line and a 4-mile commute to the major Interstate 696 and Interstate 75 interchange.
- Surrounded by a desirable community where the average household income within an immediately 1-mile radius in over $79,000.
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