44TH St SW 1621 Wyoming, MI

This professional medical building is located on the corner of 44th Street and Burlingame. The property operates at an 8.5% CAP rate based on the current rent roll and 2024 expenses under current ownership. The building offers stability with three units, each occupied by a strong tenant with a good lease history; the largest suite is leased through 2033. Each suite is nicely laid out with open entries, private offices and exam rooms, open workspace areas, kitchenettes, and in-suite restrooms. Floor plans are available. The exterior has been recently painted and the landscape updated. The property is situated on the corner of 44th Street and Burlingame, offering visibility and traffic counts suited for medical tenants. A large pylon sign features a static sign for each tenant, along with a digital sign. The property is located in an area with other professional and medical businesses, shopping including Rivertown Crossings Mall and Bucktown, and is also down the street from the newly developed "downtown" Wyoming with local businesses and city events. The building size is 6,883 square feet.