1710 John Beers Rd, Stevensville, MI 49127
14,820 SF | Retail Building | Stevensville, MI 49127 | $4,319,527 ($291/SF) | 8.45% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $4,319,527
- Property Type
-
Retail
- Square Feet
- 14,820 SF
- Price / Square Foot
- $291
Listing Contacts
Jacob Abusharkh
Verified Profile
Jeff Bracco
Verified Profile
- Property Info
Property Overview
The Kase Group is pleased to present the opportunity to purchase a well
established Walgreens location in Stevensville, Michigan. The lease
calls for zero landlord obligations and is corporately guaranteed by
Walgreens. Beyond the initial term, tenant has fifty (50) years of options
with 12 month cancellation rights. The site is well positioned at the
signalized intersection of W John Beers Rd & Cleveland Ave with
exposure to 7,495 vehicles per day and nearby Lakeshore High School
(872 students) & Lakeshore Middle School (619 students).
established Walgreens location in Stevensville, Michigan. The lease
calls for zero landlord obligations and is corporately guaranteed by
Walgreens. Beyond the initial term, tenant has fifty (50) years of options
with 12 month cancellation rights. The site is well positioned at the
signalized intersection of W John Beers Rd & Cleveland Ave with
exposure to 7,495 vehicles per day and nearby Lakeshore High School
(872 students) & Lakeshore Middle School (619 students).
Property Details
- Class
- B
- Year Built
- 2007
- Stories
- 1
- Property Subtype
- Drug Store
- Lot Size (sq. ft)
- 89,734 SF
Highlights
- Absolute NNN Lease
- Zero Landlord Obligations
- Corporate Guarantee - NASDAQ:WBA
- Located at Signalized Intersection - 7,495 VPD
- Nearby Local Middle & High School (1,491 Students Combined)
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].