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22318 Pontiac Trl
South Lyon, MI 48178

$4,800,000 USD

Drugstore For Sale  •  14,820 SF

Property Details

• Property Type Drugstore
• Total Building Size 14,820 SF
• Lot Size 0.97 AC
• Building Class B
• Year Built 2008
• Cap Rate 8.50 %
• Tenancy Single
• Zoning BI

0 Transit Score

58 Walk Score

Highlights

Leased directly to Walgreens (NASDAQ: WBA) under a true Absolute Triple Net (NNN) structure, offering investors zero landlord responsibilities.

Backed by Walgreens Boots Alliance, a Fortune 500 company with over 8,500 locations nationwide.

Long-standing store (18 years) with continued tenant performance and presence, demonstrating ongoing commitment to the South Lyon market.

Strategically located along Pontiac Trail, a key commuter and commercial corridor with strong daily traffic volumes.

Positioned near top-performing retailers such as Meijer, CVS, McDonald’s, Kroger, and Dollar Tree, creating cross-traffic.

Over 44,000 residents within a 5-mile radius and an average household income exceeding $120,000, supporting high demand for daily needs retail.

Cap Rate:

8.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Walgreens	14,820 SF	1/31/2033

Amenities

• Signage
• Drive Thru

Public Transportation

Airport	Drive	Walk	Distance
Detroit Metro Wayne County	45 min	-	33.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	52
Type:	Surface
Included in Rent:	Yes