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2131 W Grand River Ave
Okemos, MI 48864
Walgreens · Retail Property For Sale
Investment Highlights
- Original 25-Year Lease with 12+ Years Remaining in Term.
- Close Proximity to Michigan State University | Over 50,000 Students at the Main Campus.
- Excellent Demographics: Population Exceeds 113,707 within 5 Miles.
- Corporate Back Guarantee | Walgreens Boots Alliance S&P “BBB”.
- Prototypical Free Standing Building Equipped with Drive-Thru.
- Hard Corner Location With Excellent Visibility on Signalized 4-Way Intersection.
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
| Parcel Number | 02-02-21-254-037 | Improvements Assessment | $958,500 |
| Land Assessment | $598,200 | Total Assessment | $1,556,700 |
Property Taxes
Parcel Number
02-02-21-254-037
Land Assessment
$598,200
Improvements Assessment
$958,500
Total Assessment
$1,556,700
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