2270 Union Lake Rd
Commerce Township, MI 48382
Longstanding NNN Walgreens in Retail Corridor · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Freestanding, 14,820 SF Walgreens situated with exceptional visibility and easy access on a prime corner in Commerce Township, MI.
- Stabilized, cash-flowing investment opportunity to acquire a long-term nationally renowned tenant on a NNN lease with ±7 years remaining.
- Well-established within an affluent community where residents generate an average household income of $123,710 in a one mile radius.
- Significantly positioned in proximity to a 71,000 SF shopping center anchored by national tenants Kroger and Planet Fitness.
- Situated 10 minutes from major thoroughfare M-59 and near many demand drivers including outdoor amenities such as golf courses and lakes.
- Walgreens includes Walgreens Pharmacy inside with operating Drive Thru.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.86 AC
Zoning
B4
Parking
72 Spaces (2.83 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 17-01-402-030 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,108,160 |
