Contacts
Brandon Hanna
Encore Real Estate Investment Services
Property Details
- Property Type Retail - Street Retail
- Property Size 13,905 SF
- Lot Size 1.45 Acre
- Additional Rent Contact for pricing
- Property Tenancy Single Tenant
- Year Built 1997
- Date Updated Sep 17, 2024
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Highlights
- 27+ Year Operating History at Subject Site | New 10yr Lease Extension Through 2034
- New Roof Installed in 2022
- Dense Area | 346,000+ Residents Within 5 Miles of the Property
- Recently Executed Extension with 9 Years Remaining in Term
- 13,905 Square Foot Walgreens Store Situated on 1.45 Acres of Land
- Built to Suite for Walgreens in 1997 with Drive Thru Location
- Corporate Guarantee | S&P Rated "BBB" - Investment Grade Tenant
- Hard Corner Location at a Signalized Intersection - Strong Visibility and Traffic Counts of 53,000+ on Telegraph and Joy Road
- Detroit MSA - Less than 17 Miles from Downtown Detroit. Detroit MSA is Home to about 4.3 Million People and is the Second Largest Midwest MSA only Behind Chicago
- Surrounding by National Tenants Including Aldi, Checkers, CVS, Dairy Queen, Family Dollar, Jimmy John's, Starbucks, Wendy's and Many More
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Dearborn Heights, MI
- Zip Code 48127
- Market Detroit
Points of Interest
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Dearborn
3.93 miles
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Smith's Creek Depot Station
4.09 miles
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Firestone Station
4.17 miles
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Walnut Grove Station
4.28 miles
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CDM Transport LLC
6.08 miles
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BP
0.09 miles
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Valero
0.18 miles
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Sunoco
0.43 miles
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Marathon
1.05 miles
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Shell
1.06 miles
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Exxon
1.07 miles
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Mobil
1.11 miles
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Livonia, MI Supercharger
3.28 miles
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Rhombus Energy Solutions
5.59 miles
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Charging Station at Westland City Hall
6.48 miles
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Monteith Parking Structure
3.11 miles
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Paid Parking
3.33 miles
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Dearborn Hills Golf Course Parking - Free
3.78 miles
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Arjay Miller Arboretum Parking
4.15 miles
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Deck 400
4.59 miles
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Deck 300
4.66 miles
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RIC
4.80 miles
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Vistor Parking Lot A
5.13 miles
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Vistor Parking Lot B
5.14 miles
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Parking Lot C
5.19 miles
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Checkers
0.08 miles
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Wendy's
0.14 miles
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Red Ruby
0.16 miles
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Detroit Pizza Factory
0.16 miles
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Happy's Pizza
0.16 miles
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Telegraph Grill
0.17 miles
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Dairy Queen
0.22 miles
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Jimmy John's
0.26 miles
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Durresi Restaurant Coney Island
0.26 miles
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Dip'n Shwarma
0.42 miles
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Randazzo Fresh Market
0.15 miles
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Park to Shop
0.16 miles
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ALDI
0.24 miles
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Sun Valley Supermarket
0.43 miles
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Burlington
0.46 miles
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Liquor Store
1.26 miles
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Papaya Fruit Market
1.40 miles
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Saturn Super Foods
1.76 miles
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Sugar Market
2.00 miles
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Kroger
2.33 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Brandon Hanna
Encore Real Estate Investment Services