18640 E 9 Mile Rd
Eastpointe, MI 48021
CVS Pharmacy - Eastpointe, MI · Retail Property For Sale

The Jonna Group of Marcus & Millichap is pleased to present to market a 13,600- square foot CVS Pharmacy located in Eastpointe, MI. This fee simple opportunity has over 22 years left on the original 25-year lease, with five five-year renewal options that all have increases. This strategically placed asset contains 4 access points with excellent frontage at the signalized intersection of East 9 Mile Road and Kelly Road. This intersection has upwards of 36,000 vehicles per day. CVS relocated to this intersection back in 2014 showing their strong conviction for the location. Minutes north of the site is Eastland Center Mall, comprised of over 1,400,000 square feet of retail. Eastland Mall is anchored by Macy' s, Lowe' s, Target and Burlington Coat Factory. Eastpointe is a city with 34,077 residents and an area comprising 5.1 square miles located in Macomb County in southeastern Michigan. Its southern boundary is Eight Mile Road, which is also the dividing line between Macomb and Wayne Counties. Eastpointe proudly boasts itself as the "Gateway to Macomb County". Eastpointe shares its borders with the cities of Detroit and Harper Woods on the south, Warren on the west, Roseville on the north, and St. Clair Shores on the east. Eastpointe is an excellent residential community of high quality, well- maintained, predominantly brick homes. There are ample shopping areas, business and professional establishments within and near the city to serve its residents well. Eastpointe is conveniently located to downtown Detroit, as well as to large industrial and manufacturing areas in the cities of Warren and Sterling Heights. Lake St. Clair, Metropolitan Beach, and other recreational facilities are also nearby.