32905 Fort Rd | Rockwood, MI 48173
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32905 Fort Rd
Rockwood, MI 48173
Rite Aid Rental Increases 10 Years Remaining · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Rite Aid recently executed a 5-year lease extension taking the lease out to 10 years.
- Only national brand drugstore within 3-mile radius.
- 15 years of operating history with strong customer base including 3,500 employees of the Ford Flat Rock Assembly Plant located just 3 miles south.
- Rental increases in both the primary lease term and extension options.
- Placer ranks it the busiest Rite Aid of 6 locations in a 15-mile radius.
- Minimal landlord responsibilities.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
11,217 SF
Building Class
C
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.75 AC
Zoning
B3 - General Business District, automobile service stations and service centers are allowed, along
with auto wash when completely enclosed in building.
Parking
55 Spaces (4.9 Spaces per 1,000 SF Leased)
Frontage
108’ on Fort Rd
PROPERTY TAXES
| Parcel Number | 52-006-07-0001-302 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $964,400 |
PROPERTY TAXES
Parcel Number
52-006-07-0001-302
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$964,400
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