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7164 N. Main St.
Clarkston, MI 48346
Asking Price
$845K
Cap Rate
7.5%
Asset Type
Medical Office Office
Class
Class B
What's Special
Longstanding Nationally Branded Physical Therapy Clinic <ul><li>Guarantor: Athletic & Therapeutic Institute of Naperville, LLC</li><li>Year One Rent: $68,133.60</li><li>Rental Escalations: Annual Rent Escalations of Three Percent (3%) to Occur on April 1st of Each Year</li><li>Option Rent: Not Predetermined and Subject to Negotiation</li></ul>
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NOI
$80,000
Cap Rate
9.47%
DSCR
1.59
Strong
Cash-on-Cash
11.77%
Monthly Payment
$4,180.599
Annual Cash Flow
$29,832.813
