For Sale
$2,200,000

8100-8160 Murphy DrHowell, MI 48116

8,973 SF Medical Office, NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional free-standing medical office building, located at 8100-8160 Murphy Drive in Brighton, Michigan (zip code 48116), presents a unique investment opportunity. The property boasts a total of 8,973 square feet and is currently configured to accommodate a variety of uses, including retail, office, or medical. A significant portion (4,210 square feet) is currently leased under a 10-year NNN lease to Ross Medical Education, providing immediate income potential for investors. However, the owner retains the option to terminate this lease and utilize the entire 8,973 square feet for their own purposes. The building's prime location within Brighton Towne Square, near the intersection of Grand River Avenue and I-96, offers exceptional visibility and accessibility. This high-traffic area benefits from the proximity of major retailers such as Target, Home Depot, Staples, and MJR Cinema 20, ensuring high foot traffic and brand recognition. The property features multiple points of ingress and egress from Grand River Avenue and Challis Roads, enhancing convenience for both tenants and customers. The asking price for this versatile property is $2,200,000. This presents a compelling opportunity for both owner-occupiers and investors seeking a strong return on investment in a thriving Michigan market.

Highlights

  • 8,973 SF free-standing building, subdividable to 4,210 SF.
  • Excellent user/investor opportunity: 4,210 SF leased to Ross Medical Education under a new 10-year NNN lease; option to terminate lease and occupy entire building.
  • Prime location in Brighton Towne Square at Grand River Ave. and I-96, near Target, Home Depot, Staples, and MJR Cinema 20.
  • Multiple points of ingress/egress from Grand River Ave. and Challis Roads.
  • Suitable for retail, office, or medical use.

Property Details for 8100-8160 Murphy Dr

Property type
Retail properties, Office properties
Square Feet
4,210 SF

Location Insight

City
Howell
County
Livingston
State
Michigan
Latitude
42.5484806
Longitude
-83.7968381
8100-8160 Murphy Dr, Howell, Michigan

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