Updated Dec 4, 2024
Nova Sky Investments LLC Acquires Medical Office From Scott Marcus In Novi
28455 Haggerty Road
$9,300,000
$255/SF
Building Size
36,338 SF
Asset Type
Medical Office
Closing
Jun 7, 2024
About this deal
AI
The $9.3 million sale of Infinity Medical, a 36,338-square-foot fully leased medical office building located at 28455 Haggerty Road in Novi, MI, was recently brokered by Ashish Vakhariya, Darin Gross, and Seth Haron of Marcus & Millichap. The property was acquired by Nova Sky Investments LLC from Scott Marcus of RSM Development. The asset housed tenants such as Rehabilitation Physicians PC and Ascension Medical Group of Michigan.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $9,300,000
- Market: Novi, MI
- Square Footage: 36,338
- Buyer: Nova Sky Investments LLC
- Seller: Scott Marcus - RSM Development
The sale transaction also involved the representation of Seth Haron, Ashish Vakhariya, and Darin Gross from Marcus & Millichap, collaborating with Scott Marcus of RSM Development to facilitate the deal between the buyer and seller.
On the Map
$9,300,000
$255/SF
Medical Office
View full map
Players
Novi Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
Loading comparables…
Deal FAQ
Visit Seth Haron to view all their deals.
Browse Novi medical office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.71%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93