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NNN Veterinary Property

5904 S Main St Village of, Clarkston, MI 48345

For Sale
Contact for pricing

The lease includes two five-year renewal options and 2% annual rent increases.

Property SizeContact for details
Days on Market35

Property Features for 5904 S Main St Village of

General Information

Standard status Active
Property subtype Retail, Office

Additional Details

Tenant in Place Yes
Property Use Medical Office
Medical Specialty veterinary

Building Details

Tenancy Single
Listing Agency: Kidder Mathews Los Angeles West
Listed By: Daniel Solomon · License CA #02105991
Source: Crexi
Added: Oct 6 Changed: Nov 8 Last Checked: Nov 8 at 5:37PM

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 Kidder Mathews Los Angeles West

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This NNN property is configured as a veterinary facility with six exam rooms. Its current lease has approximately 4 years and 7 months remaining, with two additional five-year renewal options and contractual annual rent increases of 2%. The roof was replaced about four years ago.

The tenant covers property taxes, insurance, utilities, condominium association fees, operating expenses, and interior and non-structural maintenance. Tenant duties also include plumbing, electrical, lighting, and ordinary HVAC maintenance and repairs up to $2,500 annually per unit. Landlord obligations are concentrated on structural and exterior components, the roof, parking lot replacement and seal coating, gutters and downspouts, subfloors, capital repairs, and HVAC replacement when required due to age or end of useful life.

Parking is shared with the neighboring orthodontic property.

Key Highlights

  • Veterinary layout includes six exam rooms
  • Approximately 4 years and 7 months remain on the current lease
  • Two 5‑year renewal options

Property Analytics

Current Use

Medical centers

Suggested Use

Top Pick Kitchen & Bath Showroom Electrical Service Parking Lot & Garage Daycare Center Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

392
Businesses Nearby

Market

Average Price Trend$/SF for NNN properties in Oakland County, MI

$286 Jul
$279 Aug
$300 Sep
$309 Oct

Properties on Market for NNN properties in Oakland County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
NNN property - The lease includes two five-year renewal options and 2% annual rent increases.
Where is this nnn property located?
The property is located at 5904 S Main St Village of Clarkston, MI.
What is the asking price?
The asking price for this property is $1,106,100.
What are key features of this property?
This property features: Veterinary layout includes six exam rooms; Approximately 4 years and 7 months remain on the current lease; Two 5‑year renewal options
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