22318 Pontiac Trl - Drug Store FOR SALE
South Lyon, MI 48178 |
22318 Pontiac Trl
South Lyon, MI 48178
HIGHLIGHTS
- Absolute NNN Lease Through February 2033 - Leased Directly to Walgreens (NASDAQ: WBA) Under a True Absolute Triple Net Structure
- Corporate Guarantee - Backed By Walgreens Boots Alliance, a Fortune 500 Company With Over 8,500 Locations Nationwide
- Established Performing Location - Long-standing store (18 Years) With Continued Tenant Performance and Presence
- Highly Visible South Lyon Site - Strategically Located Along Pontiac Trail, a Key Commuter and Commercial Corridor With Strong Daily Traffic Volumes
- Thriving Retail Corridor - Positioned Near Top-Performing Retailers Such as Meijer, CVS, McDonald’s, Kroger, and Dollar Tree, Creating Cross-Traffic
- Dense and Affluent Suburban Demographics - Over 44,000 Residents Within a 5-Mile Radius and an Average Household Income Exceeding $120,000
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Walgreens - South Lyon, MI
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Freestanding, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
14820
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
56
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
21-32-100-066
