CVS Pharmacy

For Sale

4300 Dixie Highway, Waterford Township, MI 48329

This Waterford Township property for sale is located at 4300 Dixie Highway. The current listed sale price for CVS Pharmacy is $5,070,560. CVS Pharmacy is situated on a lot that is 2.42 acre in size.

Contacts

Zeb Ripple

CP Partners

Property Details

  • Property Type Retail - Freestanding
  • Property Size 12,900 SF
  • Lot Size 2.42 Acre
  • Property Tenancy Single Tenant
  • Year Built 2009
  • Date Updated Sep 21, 2026
-With approximately 8 years remaining on an absolute NNN lease, this deal features attractive 10% rental escalations every 5 years through the option periods. This is a corporate guaranteed lease from an investment grade tenant (S&P rated BBB), located directly on Dixie Highway, the primary retail corridor through Waterford with high combined daily traffic counts of 44,000 VPD.
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Highlights

  • 25 year corporate absolute NNN lease with approximately 8 years remaining with no rent holiday
  • Combined daily traffic counts at the intersection exceed 44,000 VPD
  • CVS is an investment grade credit tenant (S&P Rating: BBB) and the nation’s largest drugstore with more than 9,900 locations in 49 states
  • Lease features attractive 10% rental escalations every 5 years throughout the option periods
  • Located at the intersection of Dixie Highway, a major thoroughfare through Waterford, and Sashabaw Road
  • Strong access to site with multiple points of ingress/egress and dedicated left hand turn lanes
  • Strong population density with more than 139,000 residents radius, and average household incomes of $111,000 within a 5-mile radius of the subject property

Attachments

Getting around

  • 53/100

    Walk Score ®

  • 32/100

    Bike Score ®

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Location

  • City Waterford Township, MI
  • Zip Code 48329
  • Market Detroit

Points of Interest

  • Pontiac

    5.31 miles

  • Marathon

    0.56 miles

  • Mobil

    0.59 miles

  • BP

    0.69 miles

  • Shell

    0.88 miles

  • Speedway

    1.01 miles

  • Loves Furniture & Mattresses

    1.12 miles

  • Kroger

    1.67 miles

  • Auburn Hills, MI Supercharger

    4.59 miles

  • Sun Country

    4.61 miles

  • Fish Hatchery parking

    0.72 miles

  • Waterford Schools Bus Garage

    1.88 miles

  • RMHA Pool Parking Lot

    4.08 miles

  • Boat Trailer Parking

    4.43 miles

  • Lot G

    4.88 miles

  • Lot F - Employee Parking

    5.04 miles

  • Handicap Parking

    5.07 miles

  • Pontiac School Bus Yard

    5.08 miles

  • Lot B - Employee Parking

    5.19 miles

  • Lot E - Employee & Handicap Parking

    5.20 miles

  • Papa Romano's

    0.14 miles

  • Calabrese's Pizzeria II

    0.47 miles

  • Dairy Queen

    0.50 miles

  • Dixie Diner

    0.56 miles

  • Taco Bell

    0.62 miles

  • McDonald's

    0.73 miles

  • Dunkin'

    0.74 miles

  • Panda Garden

    0.75 miles

  • Green Apple Restaurant

    0.75 miles

  • KFC

    0.78 miles

  • Tenuta's Food Lane

    0.60 miles

  • ALDI

    1.58 miles

  • Kroger

    1.73 miles

  • Big Lots

    1.88 miles

  • Meijer

    1.98 miles

  • Gordon Food Service

    2.04 miles

  • Value Center Marketplace

    3.19 miles

  • Kohl's

    3.66 miles

  • Save-A-Lot

    3.70 miles

  • Forman Mills

    3.81 miles

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