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.