REGISTER | CLIENT LOGIN
Upland Real Estate Group
  • HOME
  • |
  • PROPERTIES
  • |
  • NEWS & RESOURCES
  • |
  • ABOUT
  • |
  • CONTACT US

Investment Details

Price: $3,888,800 Location: Burton, MI
Cap Rate: 6.62% Lease Type: NN
NOI: $257,785 Lease Expiration: October 2034
Demographic Information (5-Mile Radius)
2024 Population: 131,328
2029 Population: 128,921
2024 Average Household Income: $69,541
2024 Median Household Income: $50,091
Contact
Deborah Vannelli, CCIM
deb@upland.com
612.376.4475
Keith Sturm, CCIM
keith@upland.com
612.376.4488

OAK STREET HEALTH (S&P: BBB)

Burton | Michigan
Highlights
• Oak Street Health has 9+ years remaining on the Lease with 2% Annual Increases.
• Corporate guarantee from CVS Health which has a S&P Rating of BBB & revenues of $357.8 Billion.
• Oak Street Health operates 204 locations in 25 states. CVS acquired Oak Street Health May 2023.
• Oak Street Health is located along South Saginaw Street where traffic counts average 19,505 VPD.
• Strong demographics with a 5-mile population of 131,328 and average household income of $69,541.
• Near General Motors Flint Assembly which has produced more than 15 million vehicles.

OAK STREET HEALTH (S&P: BBB)

Burton | Michigan

Highlights
• Oak Street Health has 9+ years remaining on the Lease with 2% Annual Increases.
• Corporate guarantee from CVS Health which has a S&P Rating of BBB & revenues of $357.8 Billion.
• Oak Street Health operates 204 locations in 25 states. CVS acquired Oak Street Health May 2023.
• Oak Street Health is located along South Saginaw Street where traffic counts average 19,505 VPD.
• Strong demographics with a 5-mile population of 131,328 and average household income of $69,541.
• Near General Motors Flint Assembly which has produced more than 15 million vehicles.

Investment Details

Price: $3,888,800
Location: Burton, MI
Cap Rate: 6.62%
Lease Type: NN
NOI: $257,785
Lease Expiration: October 2034
Demographic Information (5-Mile Radius)
2024 Population: 131,328
2029 Population: 128,921
2024 Average Household Income: $69,541
2024 Median Household Income: $50,091
Contact
Deborah Vannelli, CCIM
deb@upland.com
612.376.4475
Keith Sturm, CCIM
keith@upland.com
612.376.4488

©2015 Upland Real Estate Group, Inc. All rights reserved. Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489
©2015 Upland Real Estate Group, Inc. All rights reserved.
Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489