Northville & South Lyon Medical Building Investment Portfolio

Highlights

• 18,300 SF MOB Portfolio Investment - 8.22% Cap Rate
• 94% occupied by Village MD & Legends Heath
• Two buildings - located in Northville and South Lyon
• Thriving communities with excellent demographics
• Great locations on main roads with road front signage
• Within 15 miles of major hospitals
• SELLER FINANCING AVAILABLE!!

Description

P.A. Commercial is pleased to offer a portfolio investment sale consisting of two medical buildings with a national tenant in place,
located in the desirable communities of Northville & South Lyon, Michigan.

422 N CENTER ST | INVESTMENT HIGHLIGHTS
Single-tenant stabilized medical office building
100% occupied by Village MD - a strong regional medical office operator
Great location on main road with road-front signage
Located in Northville, one of the most desirable areas to live in Michigan, with excellent demographics
Close to Ascension Providence Hospital - Novi

12660 TEN MILE RD | INVESTMENT HIGHLIGHTS
Value-add Multi-tenant medical office building
80% occupied by two national healthcare providers, Village MD and Legend Health
High-end curb appeal
Great location on main road with road-front signage
Newer construction building that’s been impeccably maintained and is in excellent condition
Within 15 miles of major hospitals
1,100 SF vacant former pharmacy suite

The City of Northville is a distinctive community of approximately 6,000 residents located on the western edge of metro Detroit in 2.2 square-mile area equally divided between Wayne and Oakland Counties. It is a short drive (about 30 minutes) from downtown Detroit and downtown Ann Arbor. Northville has a thriving business community with a blend of professional services, retail and cultural venues.

South Lyon is a homey community that has the largest proportion of people 70 years of age or older in Michigan, at 10.9% of the total (15.1 % over the age of 65) which makes it a great location for any medical practice. South Lyon offers small-town living with the convenience of nearby interstate highways, major metropolitan areas and international airports. Known for its historic and charming downtown, annual festivals, top-notch parks and excellent schools, the City of South Lyon offers an unparalleled quality of life.

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