5715 N Venoy Rd, Westland, MI 48185

5715 N Venoy Rd, Westland, MI 48185

Westland, MI

Property Description

Doug Shea and Kurt Hertzog of Lyon Stahl are pleased to present 5715 N. Venoy Rd. in Westland, MI. Venoy Road is a main street in Westland, a dense suburb about 16 miles west of Detroit. The property consists of a 9,576 square foot medical office on 2.51 acres of land.

DaVita Garden West Dialysis is under lease until June 30, 2025, paying annual rents of $237,773.64 with 2% annual increases. The current cap rate is 6%. The property provides stable income from a strong tenant and upside potential for future leases.

To be sold separately or in conjunction with 22030 Park St, Dearborn, MI 48124.

Property Features

  • Sale Price: $3,962,890
  • Area Size: 9,576 Sq. Ft.
  • Land Area: 2.51 AC
  • Year Built: 1996
  • Listing Date: 7/6/2023

Lyon Stahl Investment Real Estate

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