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24140 Orchard Lake Rd
Farmington Hills, MI 48336
Walgreens | Corp Abs NNN Ls w/ 9 Yrs · Retail Property For Sale
Property Facts
Amenities
- Pylon Sign
- Signalized Intersection
- Drive Thru
About 24140 ORCHARD LAKE RD , FARMINGTON HILLS, MI 48336
The subject property is strategically located at the signalized, hard corner intersection of W. 10 Mile Rd. and Orchard Lake Rd. Moreover, the asset is located about 1.5 miles north of State Highway 5, the primary east/west thoroughfare traveling through the town of Farmington Hills. The Walgreens site features a large pylon sign, providing excellent visibility and frontage along both cross-streets. The site is also equipped with a drive-thru pharmacy, providing ease and convenience for customers. On average, locations with drive-thrus generally experience higher sales than those without. Walgreens is ideally positioned within a dense retail corridor with a number of nearby neighborhood shopping centers surrounding the site, including West River Center (228,000 SF), Downtown Farmington Center (96,000 SF) and Farmington Crossroads (79,000 SF). National/credit tenants in the surrounding trade area include Target, Dollar Tree, TJ Maxx, True Value, and more, increasing consumer draw to the trade area.
Property Taxes
| Parcel Number | 23-26-101-055 | Improvements Assessment | $555,480 |
| Land Assessment | $253,820 | Total Assessment | $809,300 |
Property Taxes
