950 S Centerville Rd
Sturgis, MI 49091
NNN Walgreens -- Higher Yield and Lower Rent · Retail Property For Sale

This prototypical freestanding Walgreens with drive-thru sits on a true hard corner in the middle of a retail trade corridor that is anchored by a Walmart Supercenter, Meijer grocery supercenter, and Kroger grocery store. Other national retailers in trade area include: GameStop, Applebee’s Grill & Bar, Great Clips, Dollar Tree, O’Reilly Auto Parts, Travelodge, Buffalo Wild Wings, KeyBank, Family Dollar, Taco Bell, Wendy’s, Pizza Hut, KFC, McDonald’s, Tractor Supply Company, Burger King. Perhaps the most compelling aspect of this investment opportunity, is the lack of competition from CVS/pharmacy and the spacing relative to other Walgreens locations. The closest CVS is located 10 miles away in Lagrange, Indiana. The closest Walgreens is located 15 miles away in Three Rivers, Michigan. The Rite Aid location in town is located 0.7 miles north of the Walgreens, but is really outside the main retail trade corridor. As such, we’d expect Walgreens to close the Rite Aid location and transfer prescriptions to this Walgreens, boosting sales and profitability for the subject property.