4101 Telegraph Rd - Retail FOR SALE


Bloomfield Hills, MI 48302
$3,517,046 USD
248-351-2086
4101 Telegraph Rd, Bloomfield Hills, MI for Sale
$3,517,046 USD
Retail - FOR SALE
1/1
null | 6.5% Cap Rate

4101 Telegraph Rd
Bloomfield Hills, MI 48302


HIGHLIGHTS

  • Pride of Ownership / Generational Bloomfield Hills Location
  • High Reported Sales – Contact Broker
  • New 10-Year Lease Extension Signed September 2025
  • Absolute NNN Lease / NO LL Responsibilities

OVERVIEW

Landmark Investment Sales is pleased to offer for sale a true pride-of-ownership CVS at the irreplaceable “Main & Main” corner of Telegraph Road and Long Lake Road in Bloomfield Hills, MI. Adjacent to a high-performing Kroger and surrounded by Class A retail in one of Metro Detroit’s most affluent areas, this generational asset benefits from average household incomes over $268,000 within one mile. CVS has operated here since 1992, recently executed a 10-year lease extension through 2037, and generates sales well above market averages. Backed by CVS Health’s investment-grade credit, this absolute NNN lease offers long-term stability with zero landlord responsibilities.

FOR SALE DETAILS

PRICE

$3,517,046 USD

PRICE/SF

$492 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS Pharmacy

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

-

APN/PARCEL ID

19-16-326-004

ASK ABOUT THIS PROPERTY

Max LippittLandmark Commercial RE ServicesMore Info
248-351-2086

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Max LippittLandmark Commercial RE ServicesMore Info
248-351-2086

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.