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Walgreens
Eastpointe, MI 48021
NNN Lease- Strong Sales- Near Costco · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
15,120 SF
Building Class
B
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
2.10 AC
Zoning
B-3
Parking
100 Spaces (6.48 Spaces per 1,000 SF Leased)
Frontage
104’ on Gratiot Ave

AMENITIES

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

ABOUT WALGREENS , EASTPOINTE, MI 48021

We are pleased to offer to qualified investors an opportunity to purchase an investment grade single tenant absolute NNN leased investment that is fully leased to Walgreen Co. with approximately 5 years fixed remaining on the original term located in Eastpointe, MI. Comprising of 15,120 square feet, the building is situated on a large 2.09 acre corner lot and is exceptionally well located to take advantage of the 80,600+ VPD that travel through the intersection of Gratiot Ave. and E 10 Mile Road. Moreover, this site provides 3 separate ingress/egress points and access available from Gratiot Ave. as well as E. 10 Mile Road. This is an excellent opportunity to purchase the second-largest pharmacy store chain in the U.S. (true investment grade tenant - “BBB” by S&P’s), located on one of the busiest intersections in Eastpointe, MI (~10 Miles North of Downtown Detroit), with zero landlord responsibilities.

PROPERTY TAXES

  • Listing ID: 15752756

  • Date on Market: 4/16/2019

  • Last Updated:

  • Address: Walgreens, Eastpointe, MI 48021