Walgreens

For Sale

2131 W Grand River Ave, Okemos, MI 48864

This Okemos property for sale is located at 2131 W Grand River Ave. The current listed sale price for Walgreens is $4,900,000. Walgreens is situated on a lot that is 1.32 acre in size.

Contacts

broker
Tommy Hannawa

Encore Real Estate Investment Services

Property Details

  • Property Type Retail - Street Retail
  • Property Size 14,550 SF
  • Lot Size 1.32 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 2012
  • Date Updated Sep 21, 2024
Okemos is an unincorporated community in Meridian Charter Township, Ingham County in the U.S. state of Michigan. It is a census-designated place (CDP) for statistical purposes and does not have any separate legal existence as a municipality. Local government is provided by the township. The population was 21,369 at the 2010 census. The Okemos Public Schools system includes Okemos and some immediate surrounding areas. The nickname of the school's sports teams is the Chiefs. The settlement of Hamilton was founded in 1839 by Freeman Bray as a trading point with the surrounding Ojibwe people and as a farming community. In 1859, one year following the death of Chief John Okemos (on whose treaty lands the community was built), the area was renamed to honor the Native American chief. "Okemos" is from the Ojibwa ogimaa "chief" plus -s, the diminutive, thus "little chief". It was originally a farming community, but has been entirely absorbed as a Lansing suburb, and is a popular residence community for employees of Michigan State University..
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Highlights

  • Absolute Net Lease | Zero Landlord Responsibilities
  • Original 25-Year Lease with 12 Years Remaining in Term
  • Corporate Back Guarantee | Walgreens Boots Alliance S&P “BBB”
  • Close Proximity to Michigan State University | Over 50,000 Students at the Main Campus
  • Prototypical Free Standing Building Equipped with Drive-Thru
  • Excellent Demographics: Population Exceeds 113,707 within 5 Miles
  • Hard Corner Location With Excellent Visibility on Signalized 4-Way Intersection
  • Combined Traffic Counts Exceed 40,755+ Vehicles per Day on Grand River and Okemos Road
  • Average Household Income: $95,098 in 3 Mile Radius
  • Main Retail Corridor | Located within 0.7 Miles of the Meridian Mall
  • Surrounded by National Tenants: Chick-fil-A, Midas, Discount Tire, Meijer, Jimmy John's, Belle Tire, McDonald's, Taco Bell, Burger King, Best Buy and Many More

Getting around

  • 58/100

    Walk Score ®

  • 44/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Okemos, MI
  • Zip Code 48864
  • Market Detroit

Points of Interest

  • East Lansing

    3.44 miles

  • Meijer

    0.35 miles

  • Marathon

    0.36 miles

  • Kroger

    0.70 miles

  • Shell

    1.53 miles

  • ChargePoint

    1.96 miles

  • Admiral Petroleum

    2.14 miles

  • Costco Gasoline

    2.18 miles

  • Mobil

    2.43 miles

  • Sunoco

    2.66 miles

  • GE

    2.67 miles

  • Staff Parking Lot

    1.56 miles

  • Office Visit Parking

    1.61 miles

  • Student/Event Parking Lot

    1.73 miles

  • Lot 29

    1.78 miles

  • Lot 33

    1.79 miles

  • Lot 31

    1.79 miles

  • Lot 91

    1.82 miles

  • Lot 28

    1.87 miles

  • Lot 20

    1.87 miles

  • Sugar Berry

    0.08 miles

  • Chipotle

    0.08 miles

  • Panera Bread

    0.11 miles

  • Chick-fil-A

    0.13 miles

  • Ukai Japanese Steakhouse

    0.14 miles

  • McDonald's

    0.16 miles

  • Taco Bell

    0.20 miles

  • Jimmy John's

    0.25 miles

  • Buddy's Pizza

    0.25 miles

  • 102 Pho and Banh Mi

    0.41 miles

  • Meijer

    0.23 miles

  • Big Lots

    0.23 miles

  • Macy's

    0.40 miles

  • JCPenney

    0.46 miles

  • Meridian Mall

    0.51 miles

  • Gordon Food Service

    0.60 miles

  • Kroger

    0.79 miles

  • Target

    0.80 miles

  • Marshalls

    0.81 miles

  • Kohl's

    0.89 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
broker
Tommy Hannawa

Encore Real Estate Investment Services