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New Leaseback Opportunity Near Hospital
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20280 Middlebelt Rd, Livonia, MI 48152

10-year absolute NNN lease with fixed annual rent increases.

Property Size1,795 SF
Price / SF$294.87
Days on Market167

Property Features for 20280 Middlebelt Rd

General Information

Standard status Active
Size 1,795 SF
Property subtype Office
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $41,285
Listing Agency: Landmark Commercial Real Estate Services
Listed By: Jack Melton · License #6501450066
Source: Crexi
Added: Feb 26 Changed: Aug 8 Last Checked: Aug 11 at 8:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Landmark Commercial Real Estate Services

Investment Insights

Based on property information with market context.

This property offers a new 10-year sale leaseback opportunity featuring an experienced operator. The lease is structured as absolute triple net, with CAM, tax, and insurance being paid by the tenant directly. The lease includes fixed 3 percent annual rent increases. The property is strategically located less than one mile from Beaumont Hospital in Farmington Hills, a 200-bed hospital employing more than 2,500 people. The surrounding demographics include more than 220,000 residents and an average household income of approximately $89,000 within a five-mile radius. The property size is 1795 square feet.

Key Highlights

  • Brand new 10‑year absolute triple net lease, providing a passive investment.
  • Experienced operator with a personal guarantee, mitigating risk.
  • Fixed 3 percent annual rent increases, hedging against inflation and ensuring predictable income growth.

Property Analytics

Current Use

Premier Medicine Primary ... Medical Clinic Dr. Alexis Arment Physician Asma Abbas Pediatrician Hussein Ali Azzam Pediatrician Mireille Touma Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Daycare Center Computer & Electronic Repair Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

350
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48152, MI

31,098
Population
12,922
Households
2.4
Avg Household Size
47
Median Age
41%
College-Educated
95%
High-School Grad
12.0 sq mi
ZIP Area
2,592
Density / Sq Mi
$89,019
Median Household Income
$50,614
Median Earnings
$1,293
Median Rent
$284,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Progressive Cinema Solutions 42423 Grand River Ave #200, Farmington Hills, MI 48336
  • Walmart Home Theater Installation 29574 W Seven Mile Rd, Livonia, MI 48152

Frequently Asked Questions

What type of property is this?
Office space - 10-year absolute NNN lease with fixed annual rent increases.
Where is this office space located?
The property is located at 20280 Middlebelt Rd Livonia, MI.
What is the asking price?
The asking price for this property is $529,294.
What are key features of this property?
This property features: Brand new 10‑year absolute triple net lease, providing a passive investment.; Experienced operator with a personal guarantee, mitigating risk.; Fixed 3 percent annual rent increases, hedging against inflation and ensuring predictable income growth.
(248) 488-2620 Call to check price and availability
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