HIGHLIGHTS
- CVS Lease Terminated – Space “Ready to Go” – Former CVS location offering approximately 10,987 SF of existing retail space
- RARE Telegraph & Grand River Detroit Retail Opportunity
- R1 Zoning | Pharmacy Use Still Available – Property is currently designated R1 zoning
- High-Visibility Signalized Intersection – Strategically positioned at Telegraph Road and Grand River Avenue
- Traffic counts of approximately 82,606+ VPD along Telegraph Road and 23,789+ VPD along Grand River Avenue
- Strong National Retail Presence
FOR SALE DETAILS
PRICE
$1,695,000 USD
PRICE/SF
$169 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Former CVS - RETAIL REDEVELOPMENT OPPORTUNITY
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
1.18 AC
LAND SF
51,401 SF
ZONING
R1
APN/PARCEL ID
22-12228-692
ASK ABOUT THIS PROPERTY
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248-702-0288
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248-702-0288
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