1001 E M-21 - Drug Store FOR SALE
Owosso, MI 48867 |
$3,987,000 USD
248-579-5045
1001 E M-21
Owosso, MI 48867
HIGHLIGHTS
- The property offers an Absolute NNN Lease with NO Landlord Obligations, making it an appealing investment opportunity
- Corporate Guarantee - Backed by Walgreens Boots Alliance, a Fortune 500 Company with Over 8,500 Locations Nationwide
- Boasting a 14,820 SF free-standing building constructed in 2008, the property currently maintains 100% occupancy
- Situated in a prime retail location,the modern and well-maintained building provides immediate income potential and a long-term investment opportunity
FOR SALE DETAILS
PRICE
$3,987,000 USD
PRICE/SF
$269 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Freestanding, Storefront, Health Club
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.77 AC
LAND SF
77,101 SF
ZONING
B2
APN/PARCEL ID
007-18-400-018-01
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248-579-5045
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248-579-5045
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