5151 Gateway Ctr, Flint, MI 48507
This exceptional 2,630 square foot industrial property, situated on a half-acre lot at 5151 GATEWAY in Flint, MI, presents a compelling investment opportunity. Currently operating as a well-maintained medical office, this building boasts a strong 8.2% capitalization rate, making it an attractive prospect for savvy investors. The property's prime location, conveniently situated off US-75 and Hill Road, ensures high visibility and accessibility. The interior features five exam rooms, each equipped with sinks, a dedicated storage room, an X-ray room, a private doctor's office, two restrooms, and a spacious waiting area designed to welcome patients. Recent upgrades include brand new air conditioning and carpeting throughout, enhancing both comfort and aesthetics. Ample on-site parking is available for patients and staff. The current lease is a gross lease at $28 per square foot, providing a stable income stream. This turnkey medical office building is ready for immediate occupancy and offers significant potential for continued growth and profitability in a high-demand business district. The property's combination of strong financials, desirable location, and recent renovations makes it an ideal investment for those seeking a high-return asset in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.