Map of Property

Walgreens & Rite Aid 8-Store Portfolio

For Sale

924 West Main Street, Fremont, MI 49412

This Fremont property for sale is located at 924 West Main Street. The current listed sale price for Walgreens & Rite Aid 8-Store Portfolio is $16,694,500.

Contacts

broker

Brent Hanna

Encore Real Estate Investment Services

(248) 702-0293

Property Details

  • Property Type Retail - Freestanding
  • Property Size 88,273 SF
  • Year Built 1998
  • Date Updated Dec 15, 2023
..

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • FIRST TIME ON MARKET
  • Attractive Below Market & Non-Recourse Assumable Debt
  • Attractive Cash-on-Cash Return | Low Price Point Stores
  • Net Bond Lease Structure | Zero Landlord Responsibilities
  • Long-Term Proven Drugstores | 25+ Year Operating History
  • Prototypical Free-Standing Building Equipped W/ Drive-Thru
  • Corporate Guarantee | Walgreens Corp. | S&P Rating "BBB"
  • Corporate Guarantee | Rite Aid Corp. | 2,244 Locations Nationwide
  • Attractive Low Avg. Rent/SF (14.21) | Avg. Price/SF ($189.12)

Getting around

  • 60/100

    Walk Score ®

  • 61/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Fremont, MI
  • Neighborhood Ashland
  • Zip Code 49412
  • Market Richmond Tidewater

Points of Interest

  • Speedway

    0.05 miles

  • BP

    0.11 miles

  • Busch Oil

    0.13 miles

  • Marathon

    0.30 miles

  • Murphy USA

    0.78 miles

  • Meijer Gas Station

    1.05 miles

  • Wesco

    1.19 miles

  • Wesco

    3.92 miles

  • Sunoco

    7.74 miles

  • Wesco

    7.87 miles

  • Horseshoe Motorcycle Trailhead

    7.28 miles

  • M-20 Motorsport Trailhead

    9.07 miles

  • NCT Trailhead - 40th Street

    9.08 miles

  • Snowmobile Staging Area

    9.31 miles

  • Newaygo-Whitecloud Carpool Parking

    9.49 miles

  • M-20 Trailhead

    9.73 miles

  • Spanky's Pizza

    0.13 miles

  • Burger King

    0.30 miles

  • Subway

    0.30 miles

  • Taco Bell

    0.32 miles

  • McDonald's

    0.40 miles

  • Arby's

    0.45 miles

  • Lake Side Swirl

    0.60 miles

  • The Lunch Pail

    0.78 miles

  • Elsie's Ice Cream

    0.83 miles

  • Moon Dance Cafe

    0.83 miles

  • Bill's Shop N Save

    0.06 miles

  • Walmart Supercenter

    0.81 miles

  • Meijer

    1.04 miles

  • North Woods General Store

    8.72 miles

  • Plumb's

    9.11 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Brent Hanna

Encore Real Estate Investment Services

(248) 702-0293