Walgreens – Lyon Township, MI

Walgreens
22318 Pontiac Trail, South Lyon, MI 48178, USA

Sands Investment Group is Pleased to Exclusively Offer For Sale the 14,820 SF Walgreens Located at 22318 Pontiac Trail in South Lyon, MI. This Deal is Leased Directly to Walgreens (NASDAQ: WBA) Under a True Absolute Triple Net (NNN) Structure, Offering Investors Zero Landlord Responsibilities and Fully Passive Income, Providing For a Secure Investment.

  • Absolute NNN Lease Through February 2033 – Leased Directly to Walgreens (NASDAQ: WBA) Under a True Absolute Triple Net Structure — Offering Investors Zero Landlord Responsibilities and Fully Passive Income
  • Corporate Guarantee – Backed By Walgreens Boots Alliance, a Fortune 500 Company With Over 8,500 Locations Nationwide
  • Established Performing Location – Long-standing store (18 Years) With Continued Tenant Performance and Presence, Demonstrating Ongoing Commitment to the South Lyon Market
  • Highly Visible South Lyon Site – Strategically Located Along Pontiac Trail, a Key Commuter and Commercial Corridor With Strong Daily Traffic Volumes and Close Proximity to Residential Developments
  • Thriving Retail Corridor – Positioned Near Top-Performing Retailers Such as Meijer, CVS, McDonald’s, Kroger, and Dollar Tree, Creating Cross-Traffic and a Well-Established Trade Area
  • Dense and Affluent Suburban Demographics – Over 44,000 Residents Within a 5-Mile Radius and an Average Household Income Exceeding $120,000, Supporting High Demand For Daily Needs Retail and Pharmacy Services
  • Recession-Resistant, Essential Business – Walgreens Provides Vital Healthcare Services and Daily Necessities, Making it a Stable, Defensive Investment in Any Economic Cycle

 

IN COOPERATION WITH: Sands Investment Group Michigan, LLC – Lic. # 6505424119 31235 Harper Avenue, St. Clair Shores, MI 48082 Direct# 586.210.6178 Broker of Record: Max Freedman – MI Lic. # 6502424113

Walgreens
22318 Pontiac Trail, South Lyon, MI 48178, USA

WALGREENS
Founded in 1901, Walgreens (www.walgreens.com) has a storied heritage of caring for communities for generations, and proudly serves nearly 9 million customers and patients each day across its approximately 8,500 stores throughout the U.S. and Puerto Rico, and leading omni-channel platforms. Walgreens has approximately 220,000 team members, including nearly 90,000 healthcare service providers, and is committed to being the first choice for retail pharmacy and health services, building trusted relationships that create healthier futures for customers, patients, team members, and communities. Walgreens is the flagship U.S. brand of Walgreens Boots Alliance, Inc. (Nasdaq: WBA), an integrated healthcare, pharmacy, and retail leader. Its retail locations are a critical point of access and convenience in thousands of communities, with Walgreens pharmacists playing a greater role as part of the healthcare system and patients’ care teams than ever before. Walgreens Specialty Pharmacy provides critical care and pharmacy services to millions of patients with rare disease states and complex, chronic conditions.

Price

$5,100,000

Cap Rate

8.00%

PREMISES

14,820 SF

RENEWAL OPTIONS

10 x 5 Year Options

Lease Expiration

01/31/2033

Lease Type

Absolute NNN

RENTAL INCREASES

Percentage Rent

BROKERS

Tyler McGarry
Los Angeles
Adam Scherr
Los Angeles

List with SIG

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