Single-Tenant Urgent Care
34095 Plymouth Road Livonia, MI 48150
34095 Plymouth Road, Livonia, MI, 48150
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For Sale
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Single-story urgent care clinic on an infill site with strong interstate and major-road access.
Property Size16,375 SF
Lot Size2.19 Acres
Price / SF$304.88
Days on Market56
Property Features for 34095 Plymouth Road
General Information
- Standard status
- Active
- Size
- 16,375 SF
- Lot size
- 2.19 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1985
Listing agency
Northmarq Capital, LLC
Listed by
Scott Briggs · License #OK 160500
Source
Crexi
Added: May 28 Updated: Jul 10 at 3:59PM Checked: Jul 20 at 5:40AM
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 Northmarq Capital, LLC
Investment Insights
Based on property information with market context.
The property is a single-tenant urgent care facility operated as a Concentra Urgent Care and Advanced Specialists clinic. The asset includes a single-story building with space supporting occupational health, urgent care, physical therapy, and health and wellness services. The facility is leased to Concentra Health Services, Inc. under a double net lease structure.
The site is located at 34095 Plymouth Road in Livonia, Michigan on 2.19 acres and benefits from a highly visible infill location. Direct access is provided to Interstate 96 and Farmington Road, serving both local residents and the surrounding workforce.
For investors, this offering features mission-critical healthcare use under an existing lease with approximately 9.6 years remaining to the December 31, 2035 expiration date. The lease includes 3 percent annual rent escalations throughout the primary term and renewal option. Concentra has operated at this location since 1995, providing continuity to the current clinic operations.
The site is located at 34095 Plymouth Road in Livonia, Michigan on 2.19 acres and benefits from a highly visible infill location. Direct access is provided to Interstate 96 and Farmington Road, serving both local residents and the surrounding workforce.
For investors, this offering features mission-critical healthcare use under an existing lease with approximately 9.6 years remaining to the December 31, 2035 expiration date. The lease includes 3 percent annual rent escalations throughout the primary term and renewal option. Concentra has operated at this location since 1995, providing continuity to the current clinic operations.
Key Highlights
- Single‑tenant, single‑story 16,375 SF urgent care facility built in 1985
- Leased to Concentra Health Services, Inc.; Concentra has operated at the location since 1995
- Double net lease expires December 31, 2035, with approximately 9.6 years remaining
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $328.2k | $20.04 |
| − Vacancy | −$40.8k | −$2.49 |
| EGI | $287.4k | $17.55 |
| − OpEx | −$115.0k | −$7.02 |
| NOI | $172.4k | $10.53 |
16,375 SF · lease $20.04/SF/yr · vacancy 12.42% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$2.46M
$2.16M – $2.87M
NOI $172,439 @ 7.0% cap · market cap 3.45%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.03M
$2.65M – $3.54M
NOI $212,220 @ 7.0% cap · market cap 4.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mark A. Lowry, PT
Physician
Dorothy J. Schmidt, ...
Physician
Shelley R. Harenski, ...
Physician
Concentra Urgent Care
Urgent Care Center
Dr. Andrea Breese
Pediatrician
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FAQs
What type of property is this?
Medical center - Single-story urgent care clinic on an infill site with strong interstate and major-road access.
Where is this medical center located?
The property is located at 34095 Plymouth Road Livonia, MI.
What is the asking price?
The asking price for this property is $4,992,410.
What are key features of this property?
This property features: Single‑tenant, single‑story 16,375 SF urgent care facility built in 1985; Leased to Concentra Health Services, Inc.; Concentra has operated at the location since 1995; Double net lease expires December 31, 2035, with approximately 9.6 years remaining