Single-Tenant Urgent Care
For Sale
Contact for pricing
34095 Plymouth Road, Livonia, MI 48150
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 Market147
Property Features for 34095 Plymouth Road
General Information
Standard status
Active
Size
16,375 SF
Total Parking Spaces
80
Lot size
2.19 Acres
Property subtype
Office
Occupancy
100%
Lease Type
NN
Net Operating Income
$312,026
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Building Details
Year Built
1985
Year Renovated
2025
Buildings
1
Stories
1
Units
80
Tenancy
Single
Listing Agency:
Northmarq - Tulsa
Listed By:
Kelly Largent · License #TX
(918) 494-2690
Source:
Crexi
Added: May 28
Changed: Oct 9
Last Checked: Oct 20 at 8:19PM
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 - Tulsa
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$172,439
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,448,780
$3.4M
Cap Rate 7%
$2,463,414
$2.5M
Cap Rate 9%
$1,915,989
$1.9M
Market Conditions
NOI Build-Up for 16,375 SF
Gross rent
$328.2K $20.04/SF
− Vacancy
−$40.8K −$2.49/SF
EGI
$287.4K $17.55/SF
− OpEx
−$115.0K −$7.02/SF
NOI
$172.4K $10.53/SF
Area
Wayne County, MI
Vacancy
12.42%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,448,780
Cap Rate 7%
$2,463,414
Cap Rate 9%
$1,915,989
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 authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
549
Businesses Nearby
Explore this area
Business Placement
Demographics for 48150, MI
26,573
Population
10,724
Households
2.5
Avg Household Size
42
Median Age
36%
College-Educated
96%
High-School Grad
12.1 sq mi
ZIP Area
2,196
Density / Sq Mi
$94,058
Median Household Income
$50,779
Median Earnings
$1,328
Median Rent
$228,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
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
