200 Russell Rd Tecumseh, MI 49286

This 11,002-square-foot medical office building in Tecumseh, Michigan, presents a compelling value-add opportunity. Located at 200 E Russell Rd, this single-story building, constructed in 1997, sits on a 2.53-acre lot and features five units within two buildings. Currently, it boasts a gross lease with a single, high-credit tenant, providing a stable income stream. The lease has a remaining term of 1.3 years, expiring February 28, 2026, with two, five-year lease options available. The property enjoys excellent visibility and accessibility due to its prominent location in a high-traffic area, close to residential and commercial amenities. The current NOI is $11,082, resulting in a 1.48% cap rate and 28.88% occupancy. The asking price is $750,000, translating to $68.17 per square foot. This investment offers a resilient, recession-proof asset within the essential healthcare sector, promising long-term value appreciation and consistent returns. The property's APN is XT0-555-0272-00. This is a prime opportunity for investors seeking a stable, long-term investment in a growing market.