| Metric | Details |
|---|---|
| Entity | Henry Ford Health; confirm the legal entity that signs or guarantees the lease |
| Credit Ratings | Fitch: A+ |
| Fitch Rating and Outlook | A+ |
| Investment Grade Status | Investment Grade |
| Sector | Health system |
| Michigan Hospitals | 13 acute-care hospitals when the Ascension Michigan joint venture launched on October 1, 2024 (Henry Ford Health release) |
| Sites | More than 550 sites across Michigan (October 1, 2024, Henry Ford Health release) |
| Median asking cap rate | Too few active listings to show one |
| Lease Term | Varies; confirm in the lease |
| Annual Revenue | Not stated here; see the system’s audited financial statements |
| Geographic Focus | Michigan, with hospitals including Henry Ford Hospital, Henry Ford Genesys, Henry Ford Jackson, Henry Ford Macomb and Henry Ford Providence Southfield (Henry Ford Health website) |
Henry Ford Health Business Overview & NNN Investment Profile
Henry Ford Health is a Michigan health system. When its joint venture with Ascension Michigan launched on October 1, 2024, it reported 13 acute-care hospitals and more than 550 sites across Michigan (Henry Ford Health release). Its Henry Ford Medical Group, founded in 1915, has more than 2,600 physicians, advanced practice providers and researchers (Henry Ford Health website).
Henry Ford Health describes itself as a leading academic institution, advancing healthcare through clinical trials, translational research and the training of healthcare professionals.
Henry Ford Health and Michigan’s Healthcare NNN Landscape
Our ratings database also covers other Michigan health systems, including Corewell Health (AA/Aa3) and University of Michigan Health (AAA/Aaa). Properties leased to any of these systems vary in tenant entity, guarantee and term, so confirm them in each lease.
Henry Ford Health NNN Cap Rate & Pricing
When we track at least three active listings with a published asking cap rate for Henry Ford Health, Corewell Health or University of Michigan Health, a live table of median asking cap rates appears below.
Pricing for a specific property depends on the remaining term, rent level, location and which entity signs or guarantees the lease; compare any offering with recent sales of similar medical properties.
Is Henry Ford Health investment grade?
Fitch rates Henry Ford Health A+ (issuer default rating); investment grade status: investment grade. We have not verified current S&P or Moody’s ratings. Confirm which entity signs or guarantees a lease.
What are asking cap rates for Henry Ford Health NNN properties?
This page shows a median asking cap rate only when we track at least three active listings with a published cap rate. Pricing for a specific property depends on the remaining lease term, rent level, location and lease guarantor, and asking cap rates are not closed-sale cap rates.
Henry Ford Health Net Lease Property: Buying, Selling and Financing
Buying: We find on-market and off-market Henry Ford Health properties, review the lease and the tenant’s credit, and compare pricing with current listings. On the majority of transactions, there is no separate fee to you as the buyer; the listing broker pays a cooperating commission.
Selling: We can prepare an opinion of value from current listings and recent sales and, when it fits your goals, run a confidential sale to private investors, family offices and institutional buyers. See our guide to off-market sales.
Financing: Investment Grade Capital, a service of Investment Grade LLC, matches buyers and owners with lenders for acquisitions and refinancing.
1031 exchanges: Tell us your identification and closing deadlines so we can plan the search around them.
Request an NNN investment consultation or email team@investmentgrade.com.
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Henry Ford Health NNN Properties Observed For Sale
1 active Henry Ford Health net lease listing observed across public listing sources, most recently Oct 9, 2026. Asking figures as published by the listing party.
| Location | Asking Price | Cap Rate | Building SF | Term Left | |
|---|---|---|---|---|---|
| Pontiac, MI | $5,199,890 | 6.75% | 13,561 | 9.1 yrs | View listing |
Search all 1 observed Henry Ford Health listings and the full NNN inventory
Market observations aggregated from listing broker materials; not offerings by Investment Grade Income Property, LP. Buyer representation available on a cooperating commission basis. Information deemed reliable but not guaranteed.


