200 Russell Rd, Tecumseh, MI 49286
11,040 SF | 80% Leased | Office Building | Tecumseh, MI 49286 | $750,000 ($68/SF) | 1.48% Cap Rate
For Sale
Active
Asking Price $750,000
- Property Type
-
Office
- Square Feet
- 11,040 SF
- Price / Square Foot
- $68
Listing Contacts
Patrick Hoffman
Property Overview
High-Credit Anchoring Tenant
Stable Income Stream: Reliable rental payments from a financially strong healthcare provider.
Low Risk: Reduced risk of tenant turnover due to the tenant’s established market presence.
Enhanced Investment Profile: High credit tenant adds significant value and appeal to the property.
Prime Location
Excellent Visibility: Prominent position in a high-traffic area.
Accessibility: Convenient access via major roads and public transportation.
Proximity to Amenities: Close to residential neighborhoods and commercial establishments, attracting a steady flow of potential clients.
Long-Term Value: Location supports property value appreciation over time.
Recession Proof Asset
Essential Services: Healthcare demand remains strong regardless of economic conditions.
Long-Term Security: Medical offices tend to maintain high occupancy rates even during economic downturns.
Resilient Investment: The nature of the tenant’s business provides a buffer against economic fluctuations, ensuring consistent returns.
Stable Income Stream: Reliable rental payments from a financially strong healthcare provider.
Low Risk: Reduced risk of tenant turnover due to the tenant’s established market presence.
Enhanced Investment Profile: High credit tenant adds significant value and appeal to the property.
Prime Location
Excellent Visibility: Prominent position in a high-traffic area.
Accessibility: Convenient access via major roads and public transportation.
Proximity to Amenities: Close to residential neighborhoods and commercial establishments, attracting a steady flow of potential clients.
Long-Term Value: Location supports property value appreciation over time.
Recession Proof Asset
Essential Services: Healthcare demand remains strong regardless of economic conditions.
Long-Term Security: Medical offices tend to maintain high occupancy rates even during economic downturns.
Resilient Investment: The nature of the tenant’s business provides a buffer against economic fluctuations, ensuring consistent returns.
Property Details
- Class
- C
- Year Built
- 1997
- Stories
- 1
- Property Subtype
- Medical
- Lot Size (sq. ft)
- 55,321 SF
All available spaces
- Space
- 1st Floor, Ste D
- Size
- 1,224 SF
- Space Subtype
- Relet
- Space
- 1st Floor, Ste E
- Size
- 1,000 SF
- Space Subtype
- Relet
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