Shelby Township, MI (Detroit MSA) 48316

Heartland Dental

Property Address

56060 Van Dyke Avenue, Shelby Township, MI, USA

Offering Summary

  • Price: $3,528,000
  • Lot Size: 1.02 Acres
  • Cap Rate: 5.45%
  • Year Built: 2019
  • Building SF: 4,370
  • Status: Available
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  • Brand New 10-Year Absolute NNN Lease with Corporate Guaranty by Heartland Dental
  • Dense Retail Corridor Location Surrounded by National Tenants: Target, The Home Depot, Kroger, Meijer, McDonald’s, and More
  • 10 Percent Rental Increases Every Five Years
  • 127,856 Residents within a Five-Mile Radius in the Detroit MSA
  • Population and Households Projected to Increase 2-3% Percent in the Surrounding Area Over the Next Five Years
  • Frontage Along Van Dyke Avenue (More Than 23,050 Cars per Day)
  • Average Household Income Exceeds $136,000 within a Three-Mile Radius
  • Within an Hour Drive of Downtown Detroit and Detroit Metropolitan Wayne County Airport

Broker Information