Walgreens

 

  • Absolute NNN Lease – Zero Landlord Responsibilities
  • Long Term Lease with 17 Years Remaining
  • Rent Escalations Starting in 2028  and Every 5 Years Thereafter
  • Additional Future Upside Potential Through 2% Annual Percentage Rent
  • Dense Retail Corridor in Highly Desirable Michigan Market
  • Strong Visibility from Van Dyke Avenue – 30,976 VPD
  • 243,562 SF New Retail Shopping Center Currently Being Built Directly Behind Property – Anchored by 123,000 SF Kroger and Will Include Ulta Beauty and T.J. Maxx
  • Neighboring Tenants Include: Target, Kohl’s, Panera Bread, Michael’s, Chili’s Grill & Bar, The Home Depot, Panda Express, McDonald’s, Little Caesar’s Pizza, Buffalo Wild Wings and Play It Again Sports
  • In Cooperation with JDS Real Estate Services, Inc. Lic #6505385865