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2131 W Grand River Ave
Okemos, MI 48864
Walgreens · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Investment Grade Tenant – S&P Rated BBB
  • Approximately 14.5 Years of Primary Lease Term Remaining
  • Hard Corner Signalized Intersection – Traffic of 40,000+ Vehicles Per Day | 1.32 Acre Parcel With Ample On-Site Parking
  • Absolute NNN Lease – Zero Landlord Obligations
  • Average Household Income of $100k+ Within One-Mile Radius | Population of 50,000+ Within Three Mile Radius
  • Surrounding National Retailers Include Best Buy, Kroger and Home Depot

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,550 SF
Building Class
B
Year Built
2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.31 AC
Zoning
C - Commercial Zoned District
Parking
35 Spaces (2.41 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-02-21-254-037
Land Assessment
$598,200
Improvements Assessment
$958,500
Total Assessment
$1,556,700
  • Listing ID: 25263169

  • Date on Market: 3/16/2022

  • Last Updated:

  • Address: 2131 W Grand River Ave, Okemos, MI 48864

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