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8900 Telegraph Rd
Redford, MI 48239
CVS · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
10,922 SF
Building Class
C
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.95 AC
Zoning
C
Parking
30 Spaces (3.75 Spaces per 1,000 SF Leased)
Frontage
136’ on Dale St

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

About 8900 TELEGRAPH RD , REDFORD, MI 48239

The Jonna Group of Marcus & Millichap is pleased to present for sale a CVS Pharmacy asset located at 8900 Telegraph Road in Redford, Michigan. The property has over three years remaining with increases in each of its three five-year options. This free and clear asset is being offered at an attractive 7.75 CAP. The fee simple CVS allows an incoming investor full depreciation. The property is the only CVS store located in the entire Redford Township, situated just off the hard signalized corner of Telegraph Road and Joy Road. Telegraph Road is a major eight lane commercial corridor running north and south. The site offers access points via Telegraph Road, Dover Road, and Dale Avenue which is accessed on Joy Road. CVS is strategically located around many national retailers that include Wendy's, Salvation Army, Rent-A-Center, Checkers, BP Gas Station, Walgreens, Belle Tire, T-Mobile, ALDI, Fifth Third Bank, Starbucks, Jimmy John's, Subway, Dunkin Donuts, Kroger, Burlington Coat Factory, AutoZone, Ace Hardware, Dollar Tree, H&R Block and many more. Redford, MI

Property Taxes

Property Taxes

Parcel Number
79-050-03-0035-300
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$455,500
  • Listing ID: 4803506

  • Date on Market: 11/3/2016

  • Last Updated:

  • Address: 8900 Telegraph Rd, Redford, MI 48239

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