Multi-Tenant Medical Office
Henry Ford Health Anchored Medical Office Investment in Jackson, MI
744 W Michigan Ave , Jackson, MI 49201
Listing Price: $2,100,000
Click To Access Offering Memorandum- Cap Rate9.01%
- Building SF24,323/SF
- Price/SF$86.34
- Year Built / Renovated1971
Investment Highlights
Key Property Highlights
- Institutional Healthcare Tenancy Anchored by Henry Ford Health (S&P A Rated) – Represents 51.1% of Rentable Square Footage
- All Tenants Operate Under NNN Leases Providing NOI Protection & Income Stability
- Located 2 Miles from Henry Ford Jackson Hospital, a 475-bed regional medical center driving patient demand & referrals.
Additional Highlights
- Compelling Below-Market Basis
Offered at $86/SF, providing an attractive entry point below replacement cost and recent comparable sales.
- Convenient access to US-127, I-94 & M-60 with strong connectivity across the Jackson & West Michigan region
- Rental and Value Growth Potential
In-place rents of approximately $14.38/SF provide opportunity for mark-to-market increases upon lease-up and rollover
Michigan Broker of Record | Paul Kerber | Two Towne Square, Ste 450 Southfield, MI 48076 | (248) 415-2600 | Lic #: 6502433613