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walgreensAvailable Space

11635 E 13 Mile Rd, Warren, Michigan 48093

11635 E 13 Mile Rd space for

Last Updated: 11/07/2019
Property Type:Building
Listing Type:Lease
Size:Contact
Rate:$4,772,354.00
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11635 E 13 Mile Rd - Image 1

Listing Overview

Listing Description

Corporate Lease with Investment Grade Tenant | The lease is guaranteed by Walgreens Corporation (NYSE: WBA), a publicly traded corporation with an investment grade credit rating of 'BBB' (S&P).,Nationally Recognized Brand | Walgreens is a global pharmacy retailer and the second largest pharmacy chain in the United States with more than 9,560 locations in all 50 states, including the District of Columbia, Puerto Rico and the U.S. Virgin Islands.,Ideal Location | The property sits at a hard, signalized corner on the heavily trafficked 13 Mile Rd and Hoover Rd.,Maintenance Free Investment | This asset is subject to an Absolute Net (NNN) lease in which the tenant is responsible for all maintenance and expenses.,Superb Demographics | There is a dense population of approximately 105,000 residents within 3 miles of the site and over 315,000 residents within 5 miles.,Established Location with Drive-Thru | Walgreens has been a tenant at the site since 2002, making it a staple in the community. This property also benefits from its drive-thru window, which adds a meaningful level of convenience to the customer experience and drives sales.

Listing Details

Property Type:Building
Listing Type:Lease
Size:Contact
Rate:$4,772,354.00
Lease Term:8+ Year
Lease Type:N
Floor Number:None
Primary Use:Retail

Building Overview

Building Details

Primary Use:Retail
Year Built:1999
Class:
Size:Contact

Location

11635 E 13 Mile Rd, Warren, Michigan 48093

Contact

Tony Anderson

Net Lease Vice President

tony@jamescapitaladvisors.com

Direct: 424-325-2615

Listing Inquiry