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36557-36567 Goddard Rd
Romulus, MI 48174
CVS | Detroit MSA | 7.50 CAP | $1,914,293 · Retail Property For Sale
PROPERTY FACTS
ABOUT 36557-36567 GODDARD RD , ROMULUS, MI 48174
Pharma Property Group has been retained as exclusive agent and is pleased to offer investors the opportunity to acquire a CVS in Romulus, Michigan. This CVS store has approximately 10 years remaining on the initial lease term with five (5-year) options to follow. Next option begins January 2028. Property to be delivered free and clear of debt. The lease allows for approximately five percent (5%) increases every five years in the options. There is limited drugstore competition in the area. The subject property is located in the heart of Romulus, a suburb of Detroit, This area is the crossroads of the distribution and transportation hub of the region. Romulus is a suburb of Detroit in Wayne County approximately 24 miles southwest of downtown Detroit. Wayne County is the most populated county in the Detroit Metropolitan Statistical Area (MSA) with approximately 4.3 million residents.
PROPERTY TAXES
| Parcel Number | 80-078-01-0246-300 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $620,900 |
PROPERTY TAXES
