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13580 Grand River Ave
Detroit, MI 48227
CVS · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
10,842 SF
Building Class
C
Year Built
2001
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.26
Lot Size
0.96 AC
Zoning
C, Detroit
Parking
50 Spaces (4.61 Spaces per 1,000 SF Leased)
Frontage
191’ on Grand River Ave

AMENITIES

  • Signage

ABOUT 13580 GRAND RIVER AVE , DETROIT, MI 48227

The CVS Pharmacy property features a drive-thru and has excellent visibility at its hard corner location along Grand River Avenue (17,498 VPD). The property is immediately off of Interstate 96 (178,000 VPD) which connects the property to downtown Detroit. Retailers in the immediate area include McDonald’s, Sherwin-Williams, Advance Auto Parts and Family Dollar. The property is also located within close proximity to multiple residential communities, large industrial properties and schools. There are over 411,000 people living within five miles of the property. CVS Pharmacy has approximately fifteen years remaining on their lease which expires October 31, 2033 and features six 5-year renewal option periods with 2.5% rental escalations in each option. CVS Pharmacy is the nation's drugstore chain along with total prescription revenue and operates 9,800+ locations in 49 states, the District of Columbia, Puerto Rico and Brazil.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-0083905
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$430,200
  • Listing ID: 14792838

  • Date on Market: 1/7/2019

  • Last Updated:

  • Address: 13580 Grand River Ave, Detroit, MI 48227

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