Oak Street Health - NNN Net Lease Property for Sale
Burton, MI
Key Investment Metrics
Price
$3,611,111
Cap Rate
9.0%
Net Operating Income
$325,000
Building Size
13650 SF
Lot Size
10,900 SF
Land Area
2.62 Acres
Year Built
2013
Tenancy
Single
About This Oak Street Health Net Lease Property
This Oak Street Health NNN (triple net lease) property is located in Burton, MI and represents an excellent investment opportunity for commercial real estate investors. The property features 13650 square feet of building space and was built in 2013.
With a cap rate of 9.0%, this Oak Street Health net lease property offers stable income potential. The asking price is $3,611,111, making it an attractive option for 1031 exchange investors seeking quality Oak Street Health commercial properties.
Why Invest in Oak Street Health NNN Properties?
- Stable Income: Oak Street Health net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Oak Street Health is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Burton, MI Market Overview
Located in Burton, MI, this Oak Street Health property benefits from strong local demographics and market fundamentals. The Burton area offers excellent visibility and accessibility, making it an ideal location for Oak Street Health operations and a solid investment for net lease property buyers.