Beaumont Medical Center – Strong In-Place Cashflow with Tremendous Upside
NAI Farbman & RealINSIGHT Marketplace are pleased to provide the opportunity to acquire the Lake Orion Beaumont Medical Center. This +/- 77,293 Sq. Ft. (NRA) well-located medical office building dominates its local market. The asset will provide the purchaser with strong going-in cash flow in addition to the ability to add significant value to the center.
♦ The Beaumont Medical Center is the Dominant Medical Office Building in Its Market – No other Buildings Match Its Scale & Caliber
♦ Very Strong In-Place Cash Flow to Build Upon – Center is currently Performing Below Market in Terms of Occupancy
♦ Desirable Demographics in the Surrounding Area – Median Income & Home Price Levels Suggest Above Average Levels of Disposable Income & Good Housing Stock
♦ The Beaumont Medical Center is Available Well Below Replacement Cost given the Costs Associated with New Construction, Especially in the Medical Office Space
♦ Great Mix of Medical Practices at the Center Provides a Diversified Existing Tenant Base – Existing Practices Include, but are not limited to, Orthopedics, Radiology, Gynecology, and Physical Therapy
♦ Great Value-Add Opportunity through Vacancy Lease-Up and Opportunity to Bring all Existing Rents to Market
Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.
Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.
You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
1455 South Lapeer Road, Lake Orion, MI 48360
Platform fee for this transaction is 5.00% or a minimum of $25,000.
c/o Fisher Auction Company Inc.