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200 Russell Rd

11,040 SF 100% Leased Office Building Tecumseh, MI 49286 £587,475 (£53/SF) 1.48% Net Initial Yield

Executive Summary

High-Credit Anchoring Tenant
Stable Income Stream: Reliable rental payments from a financially strong healthcare provider.
Low Risk: Reduced risk of tenant turnover due to the tenant’s established market presence.
Enhanced Investment Profile: High credit tenant adds significant value and appeal to the property.
Prime Location
Excellent Visibility: Prominent position in a high-traffic area.
Accessibility: Convenient access via major roads and public transportation.
Proximity to Amenities: Close to residential neighborhoods and commercial establishments, attracting a steady flow of potential clients.
Long-Term Value: Location supports property value appreciation over time.
Recession Proof Asset
Essential Services: Healthcare demand remains strong regardless of economic conditions.
Long-Term Security: Medical offices tend to maintain high occupancy rates even during economic downturns.
Resilient Investment: The nature of the tenant’s business provides a buffer against economic fluctuations, ensuring consistent returns.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
11,040 SF
Building Class
C
Year Built
1997
Price
£587,475
Price Per SF
£53
Net Initial Yield
1.48%
NOI
£8,681
Percent Leased
100%
Number of Floors
1
Typical Floor Size
11,040 SF
Building FAR
0.20
Lot Size
1.27 AC
Zoning
Industrial

Amenities

  • Central Heating
  • Suspended Ceilings
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
XT0-555-0272-00
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£344,260
  • Listing ID: 32256279

  • Date on Market: 26/06/2024

  • Last Updated:

  • Address: 200 Russell Rd, Tecumseh, MI 49286

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