For Sale
$622,515

37235 Goddard St Romulus, MI 48174

Prime Dental/Medical Space - High ROI

Overview

Added:
Feb 3
Days on market:
73
This exceptional investment opportunity presents a 2,912 square foot industrial property located at 37235 GODDARD, Romulus, MI, on a 0.55-acre lot. The building, constructed in 2000, is in excellent condition and boasts modern features and current technology. Currently occupied by a well-established dental group with multiple US locations, this property offers significant long-term stability. The tenants are in the second year of a second, five-year lease term, with a third renewal option available, ensuring consistent rental income. The strategic location in Romulus, MI provides easy access to major transportation routes, including I-94 and I-275, enhancing its appeal and accessibility. This property is ideally suited for investors seeking a stable, high-return investment in a prime location. The building's modern design and excellent condition minimize potential maintenance costs, further enhancing its investment potential. The existing tenant's long-term commitment and the availability of a third renewal option provide significant security and predictability for future cash flow. This is a rare opportunity to acquire a high-quality, income-producing property in a desirable location. The asking price for this exceptional investment is $622,515.

Property Details for 37235 Goddard St

Property type
Industrial properties
Square Feet
2,912 SF
Year Built
1920
Lot Size (sq. ft)
23,958 SF

Location Insight

City
Romulus
County
Wayne
State
Michigan
Latitude
42.21735
Longitude
-83.40338
37235 Goddard St, Romulus, Michigan

FAQs

What type of property is this?
Industrial property - Prime Dental/Medical Space - High ROI
Where is the industrial property located?
The property is located at 37235 Goddard St Romulus, MI.
What is the asking price?
The asking price for this property is $622,515.
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37235 Goddard St
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