Cap Rate 8% Standish Fully Leased Investment Property

Investment Overview

Outstanding fully leased investment opportunity in Standish, Michigan. The Michigan Department of Health & Human Services (MDHHS) has been operating in this building for more than 30 years as the sole tenant, with the building built for them in 1987. MDHHS recently signed a 5-year renewal, which expires in 2028, with an additional 5-year option available to lease into 2033. The current Cap Rate is 8%. The Standish MDHHS is the only branch serving Arenac County with the closest MDHHS location 25 miles away in Gladwin. Call Trademark Commercial Group at 989-792-6400 for more information and to schedule a confidential showing. All showings are by appointment only.