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1290 W Main St
Gaylord, MI 49735

$3,570,000 USD

Drugstore For Sale  •  14,490 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 14,490 SF
  • Lot Size 1.9 AC
  • Building Class B
  • Year Built 2007
  • Cap Rate 9.75 %
  • Tenancy Single
40 Walk Score

Highlights

Absolute NNN lease with no landlord responsibilities and ±5.75 years remaining.
Freestanding ±14,490 SF Walgreens with drive-thru on ±1.90 acres.
Prime location just off I-75 (Exit 279) with ±29,300 vehicles per day.
Dominant retail corridor with Walmart, Lowe’s, Starbucks, and more nearby.
No other Walgreens within 25+ miles, ensuring limited competition.
Built in 2006 with ample parking and multiple access points for customers.

Property Flyers

Cap Rate: 9.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Walgreens 14,490 SF 12/31/2081

Amenities

  • Drive Thru
Grant Klepadlo 773-598-8642 Matthews Real Estate Investment Services
Grant Klepadlo 773-598-8642 Matthews Real Estate Investment Services