8100-8160 Murphy DrHowell, MI 48116

Property Details for 8100-8160 Murphy Dr

Property size (Sq ft)

4,210 SF

Property type

Healthcare properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Howell

County

Livingston

State

Michigan

Latitude

42.5485

Longitude

-83.7968

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