32905 Fort Rd - Drug Store FOR SALE
Rockwood, MI 48173 |
32905 Fort Rd
Rockwood, MI 48173
HIGHLIGHTS
- Rite Aid recently executed a 5-year lease extension taking the lease out to 10 years.
- Rental increases in both the primary lease term and extension options.
- Only national brand drugstore within 3-mile radius.
- Placer ranks it the busiest Rite Aid of 6 locations in a 15-mile radius.
- 15 years of operating history with strong customer base including 3,500 employees of the Ford Flat Rock Assembly Plant located just 3 miles south.
- Minimal landlord responsibilities.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Rite Aid Rental Increases 10 Years Remaining
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Convenience Store, Freestanding, Storefront
TOTAL BUILDING SIZE
11217
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
55
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
52-006-07-0001-302
