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CVS Pharmacy - Availability Details

35 N Walnut St, Mount Clemens, MI 48043

  • For Sale $1,472,000
  • Property Type Retail - Street Retail
  • Property Size 6,438 SF
  • Property Tenancy Single Tenant
  • Year Built 2007
  • Date Updated Mar 16, 2022
The subject property is located in downtown Mount Clemens within a busy and highly walkable area. The CVS is located with high visibility and exposure on North Walnut State with customer access from the front as well as the rear of the building. Several retailers in the immediate vicinity include Meijer, ALDI, Dollar Tree, McDonald’s, Burger King, Rite Aid, Planet Fitness AT&T, Public Storage, Dunkin’ Donuts and many more. This CVS benefits from having zero competition in the area as there are no CVS or Walgreens pharmacies in the immediate vicinity.
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Location

  • City Mount Clemens, MI
  • Neighborhood Mount Clemens
  • Zip Code 48043
  • Market Detroit

Contacts

broker

Simon Jonna

Colliers Birmingham (MI) - Jonna Group

(248) 226-1610

Highlights

  • 6+ YEARS REMAINING | MINIMAL LANDLORD RESPONSIBILITIES
  • (5) 5-YEAR OPTIONS | 5% INCREASES EACH OPTION PERIOD
  • CVS HEALTH (S&P BBB) CORPORATE GUARANTEE
  • FORTUNE 500 COMPANY | 7,900 LOCATIONS | $73.79B REVENUE
  • FEE SIMPLE ASSET | OFFERED FREE & CLEAR
  • MAIN AND MAIN LOCATION | HEART OF DOWNTOWN
  • BUILDING WAS REBUILT AND ENLARGED IN 2007
  • BRAND NEW ROOF IN 2019 | INCLUDES 20-YEAR WARRANTY
  • WELL BELOW MARKET AREA RENTS | $12 PSF
  • STRONG AND GROWING DEMOS | 49k PEOPLE IN 5-MILE RADIUS
  • LIMITED COMPETITION | NO OTHER CVS OR WALGREENS IN AREA
  • DETROIT MSA | 4.3 MILLION PEOPLE | 14TH LARGEST IN USA
  • PROPERTY HAS BEEN MAIN DOWNTOWN PHARMACY SINCE 1970’S
  • RETAILERS IN IMMEDIATE VICINITY INCLUDE: MEIJER, ALDI, DOLLAR TREE, RITE AID, MCDONALD’S, BURGER KING, TACO BELL, PLANET FITNESS, AT&T, PUBLIC STORAGE, DUNKIN’ DONUTS, ETC

Frequently Asked Questions

What year was CVS Pharmacy built and finished?

CVS Pharmacy was completed in 2007.

Contact Listing Broker

broker

Simon Jonna

Colliers Birmingham (MI) - Jonna Group

(248) 226-1610

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