1290 W Main St - Drug Store FOR SALE
Gaylord, MI 49735 |
$3,570,000 USD
773-598-8642
1290 W Main St
Gaylord, MI 49735
HIGHLIGHTS
- Absolute NNN lease with no landlord responsibilities and ±5.75 years remaining.
- Freestanding ±14,490 SF Walgreens with drive-thru on ±1.90 acres.
- Prime location just off I-75 (Exit 279) with ±29,300 vehicles per day.
- Dominant retail corridor with Walmart, Lowe’s, Starbucks, and more nearby.
- No other Walgreens within 25+ miles, ensuring limited competition.
- Built in 2006 with ample parking and multiple access points for customers.
FOR SALE DETAILS
PRICE
$3,570,000 USD
PRICE/SF
$235 USD /SF
CAP RATE
9.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Convenience Store, Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.9 AC
LAND SF
82,764 SF
ZONING
-
APN/PARCEL ID
101-032-000-005-01
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773-598-8642
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773-598-8642
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
