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31930 Grand River Ave, Farmington, MI, 48336

GUARDIAN DENTISTRY PARTNERS
Closed

Key Information

$ per SF
$346
Tot. SF
2,503
Year Built
1991
Term Remaining
±7.75 YRS
Type
Healthcare

Highlights

  • Tenant Investment in Location – Dental support organizations rarely relocate due to high build-out costs and difficulty in retaining the same patients after moving.
  • Retail Corridor – This office is placed between several shopping and strip centers filled with national tenants such as Starbucks, Target, Subway, Wendy’s and T.J. Maxx.
  • Scheduled Rental Increases – 3.00% annual rental increases provide a future owner a boost in cash flow and return on their investment, along with protection against inflation.
  • Recent Practice Acquisition – Guardian recently acquired the practice in 2023 and signed a long term lease, highlighting their long-term commitment to the location.
  • Strong Demographics – The site is favorably located in a wealthy and heavily populated area with over 208,479 residents in a 5-mile radius and an average household income over $114,759.
  • Passive Investment Opportunity – This property offers an excellent investment for 1031 exchange buyers seeking a high-yield asset with minimal landlord responsibilities.

Tenant & Industry Highlights

  • Healthcare Real Estate – Healthcare properties are extremely sought-after investments for their resistance to recessions and e-commerce
  • Best-in-Class Tenant – Guardian Dentistry Partners was recently ranked as one of the fastest growing companies in the country with over 160+ locations across 11 states.
  • Streamlined Expansion – Guardian Dentistry Partners expands by acquiring existing practices that are already established within the community. This allows them to quickly grow their footprint across the country.

 

Photos

Location

Agents

Broker of Record

Matt Fitzgerald

License # 6505432273 (MI)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203