Northville & South Lyon Medical Portfolio Sale

422 N Center St & 12660 Ten Mile Rd, Northville & South Lyon, MI 48178

  • For Sale $3,100,000
  • Property Type Office - Medical Office
  • Property Size 18,300 SF
  • Lot Size 1.22 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2013
  • Date Updated Nov 14, 2024
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.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 suiteLocated on the second floor of a beautiful, newer construction medical building in South Lyon, this second-story medical suite features high-end finishes throughout and is in move-in-ready condition. The suite is 5,300 SF and is accessible via an elevator and stairs in the building lobby. It features a large waiting room and receptionist area, eight (8) exam rooms, two consultation rooms, two procedure rooms, an ultrasound room, and ADA mens and womens private restrooms. The first-floor is occupied by Village MD.

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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!!

Contacts

broker

Matthew J. Schiffman

P.A. Commercial

Location

Getting Around

  • Walk Score ®

    82/100 Very Walkable
  • Bike Score ®

    63/100 Bikeable
Powered by Walk Score ®
  • City Northville & South Lyon, MI
  • Zip Code 48178
  • Market Detroit

Points of Interest

  • Mobil

    0.53 miles

  • Marathon

    0.73 miles

  • BP

    1.74 miles

  • Enel X

    2.10 miles

  • Speedway

    2.24 miles

  • Tesla Supercharger

    2.29 miles

  • Meijer

    2.35 miles

  • Costco Gasoline

    2.73 miles

  • Bosch

    3.58 miles

  • eVgo

    5.80 miles

  • MDOT Carpool Lot

    2.28 miles

  • North Parking Lot

    2.77 miles

  • Seven Mile Parking Lot

    2.77 miles

  • ITC Corridor Trail Parking Lot

    2.80 miles

  • Center Parking Lot

    2.82 miles

  • South Parking Lot

    2.98 miles

  • East Parking Lot

    3.00 miles

  • Special Events Parking

    3.35 miles

  • Caterer & Staff Parking

    3.36 miles

  • Extended Stay America - Detroit - Novi - Orchard Hill Place

    2.25 miles

  • Hampton

    2.45 miles

  • Sheraton Detroit Novi Hotel

    2.46 miles

  • Holiday Inn Express & Suites

    2.57 miles

  • Country Inn & Suites, Novi, MI

    2.57 miles

  • Hyatt Place

    2.74 miles

  • Woodspring Suites

    2.75 miles

  • Saint John's Resort

    2.83 miles

  • Embassy Suites

    3.00 miles

  • Residence Inn Detroit Livonia

    3.18 miles

  • Red Dot Coffee Company

    0.07 miles

  • Pizza Cutter

    0.07 miles

  • New Bangkok Thai Cuisine

    0.17 miles

  • Rebecca's Family Restaurant & Ice Cream Parlor

    0.25 miles

  • Center Street Grille

    0.25 miles

  • Urge Juice

    0.28 miles

  • Table 5

    0.30 miles

  • Le George

    0.30 miles

  • Genitti's Hole in the Wall

    0.30 miles

  • 160 Main

    0.30 miles

  • Hillside Middle School

    0.31 miles

  • Amerman Elementary School

    0.35 miles

  • Cooke School

    0.61 miles

  • Our Lady of Victory School

    0.72 miles

  • Silver Springs Elementary School

    0.78 miles

  • Moraine Elementary School

    1.19 miles

  • Thornton Creek Elementary School

    1.67 miles

  • Northville High School

    1.79 miles

  • Novi High School

    2.04 miles

  • Meads Mill Middle School

    2.06 miles

  • Little Hearts Learning Home - Child Care and Pre-School

    1.79 miles

  • Novi KinderCare

    2.38 miles

  • KinderCare

    3.28 miles

  • St. Peter's Evangelical Lutheran School

    4.28 miles

  • Montessori Center of Our Lady

    4.97 miles

  • The Learning Tree Child Care Center - North

    5.36 miles

  • Allen Early Learning Academy

    5.42 miles

  • Childtime Learning

    5.70 miles

  • KinderCare Learning Center

    6.15 miles

  • The Learning Experience

    6.77 miles

Frequently Asked Questions

How much does Northville & South Lyon Medical Portfolio Sale cost?

The space currently listed for sale at Northville & South Lyon Medical Portfolio Sale asks for $3,100,000.

What is the total square footage of Northville & South Lyon Medical Portfolio Sale?

Northville & South Lyon Medical Portfolio Sale totals 18,300 square feet.

When was this property built?

Northville & South Lyon Medical Portfolio Sale was built in 2013.

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Contact Listing Broker

broker

Matthew J. Schiffman

P.A. Commercial