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47011 Gratiot Ave
Chesterfield, MI 48051 New Baltimore

$2,867,027

Drugstore For Sale  •  10,990 Sq Ft

Property Details

  • Property Type Drugstore
  • Total Building Size 10,990 Sq Ft
  • Lot Size 1.5 ac
  • Building Class B
  • Year Built 1999
  • Cap Rate 7.40 %
  • Tenancy Single
  • Zoning C
0 Transit Score
41 Walk Score

Highlights

Long-Term, Established CVS Pharmacy Location in Chesterfield, a suburb of Detroit, Michigan.
Located on a Hard Corner at a Signalized Intersection, with Easy Access to Major Interstate 94.
Ample Parking on an Oversized Lot Adjacent to Established Retail Center
Low Rent Per Square Foot at $19 per Square Foot
Located on Busy Traffic Corridor Leading to Anchor Bay Harbor

Property Flyers

Financial Summary (Actual)

Net Operating Income: $212,160 (2017)
Cap Rate: 7.40 %

Amenities

  • Signage
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Detroit City Airport 35 min - 25.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 47
Type: Surface
Included in Rent: Yes
Doug Kinson 407-557-3842 Marcus & Millichap
Doug Kinson 407-557-3842 Marcus & Millichap