21828 23 Mile Rd - Drug Store FOR SALE
Macomb Township, MI 48042 |
$4,200,000 USD
586-202-2340
21828 23 Mile Rd
Macomb Township, MI 48042
HIGHLIGHTS
- 100% Occupancy: ±3 years remaining on Walgreens lease; Subleased to Dollar Tree in 2021
- Absolute NNN Lease: Zero landlord responsibilities offering passive, management-free income
- Prime Corner Location: Signalized intersection of 23 Mile & Card Road, a highly trafficked corridor
- Explosive Residential Growth: Macomb Township is among the fastest-growing communities in Michigan
- Affluent Suburban Market: Average Household Income exceeds $100,000
- Sale Price: Contact Broker
FOR SALE DETAILS
PRICE
$4,200,000 USD
PRICE/SF
$288 USD /SF
CAP RATE
8.69%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2003
SPRINKLERS
-
PARKING SPACES
77
LAND DETAILS
LAND ACRES
2.42 AC
LAND SF
105,415 SF
ZONING
RETAIL 5K
APN/PARCEL ID
20-08-23-100-024
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586-202-2340
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586-202-2340
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