• Walgreens - 1045 S Gratiot Ave, Clinton Township, MI 48036

For Sale

Retail

For Sale

This property is available for sale
1.53
Acres
$4,795,000
Sale Price
  • Year Built
    1999
  • Total Building Size
    13,905 RSF
  • Overview

    Walgreens has been a tenant since 1999 with proven store sales and their current term has just under four years firm remaining on the original 60 year lease.

    This is a 24-hour store featuring a drive-thru lane.

    Walgreens sits directly between northbound and southbound Gratiot Avenue with access points from both sides as well as an access point from the cross road, Wellington Crescent. This site benefits from frontage along all three streets.

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Property Details

Walgreens has been a tenant since 1999 with proven store sales and their current term has just under four years firm remaining on the original 60 year lease.

This is a 24-hour store featuring a drive-thru lane.

Walgreens sits directly between northbound and southbound Gratiot Avenue with access points from both sides as well as an access point from the cross road, Wellington Crescent. This site benefits from frontage along all three streets.

  • Property Type
    Retail
  • Year Built
    1999
  • Sale Price
    $4,795,000
  • Total Building Size
    13,905RSF
  • Total Acres
    1.53
  • Cap Rate
    7.0%
  • Number of Floors
    1
  • Will build to suit
    No
  • Sewer
    No
  • Corner lot
    No
  • Property ID
    1291693

Landlord's Sales Representatives

  • David Hesano
    CBRE, Inc
     
  • William T. O'Connor
    CBRE, Inc