Cheboygan, MI Walgreens

991 S Main St, Cheboygan, MI 49721

  • For Sale $4,070,000
  • Property Type Retail - Street Retail
  • Property Size 14,550 SF
  • Units 1
  • Lot Size 1.84 Acre
  • Property Tenancy Single Tenant
  • Year Built 2007
  • Date Updated May 21, 2025
Cheboygan is a city in Northern Michigan just 25 miles from Mackinac Bridge and famous Mackinaw Island. The store is located on the primary commercial corridor (over 13k VPD) which is Main St, aka M-27, around a quarter mile from McLaren Medical Center and across the street from Cheboygan County Courthouse. Area retailers include a Walmart Supercenter, Family Fare, Dollar Tree, AutoZone, Advance Auto Parts, Dunham's, Ace Hardware, McDonalds, Arbys, Burger King and many more. Next to Fleetwood Inn on Cheboygan River with quick access to Lake Huron, Mackinaw City, Mackinac Bridge and Mackinac Island.SVN / Investment Property Advisors is pleased to present this large quality build to suit long-term NNN leased Walgreens with drive-thru on nearly 2 acres and just a quarter mile from McLaren Northern Michigan medical center and across from Cheboygan County Courthouse. Located at signalized intersection on primary commercial corridor (S. Main or M-27) with lots of nearby national retail including a Walmart Supercenter and Family Fare across the street. There are no CVS Pharmacy, Rite Aid or other Walgreen's competition within 30 miles.
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Highlights

  • Absolute Net Lease to February, 2032
  • Freestanding building with Drive-Through
  • High Visibility Signalized Location on Main Street (M-27)
  • Next to McLaren Medical Center
  • Potentially Assumable Loan
  • Walgreens corporate guaranty
  • Zero Landlord Responsibilities

Contacts

broker

SVN | Investment Property Advisors

Location

Getting Around

  • Walk Score ®

    50/100 Car-Dependent
  • Bike Score ®

    44/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Cheboygan, MI
  • Neighborhood Cheboygan
  • Zip Code 49721

Points of Interest

  • Mobil

    0.04 miles

  • Holiday

    0.11 miles

  • Marathon

    1.16 miles

  • Speedway

    1.27 miles

  • Public Parking

    1.21 miles

  • Police Parking Only

    1.23 miles

  • Trailhead Parking

    4.28 miles

  • Big Boy

    0.05 miles

  • Arby's

    0.12 miles

  • McDonald's

    0.12 miles

  • Pizza Hut

    0.15 miles

  • Pizza Hut Delivery

    0.15 miles

  • Little Caesars

    0.36 miles

  • Burger King

    0.39 miles

  • Duncan City Pizza

    0.41 miles

  • Alice's Restaurant

    0.91 miles

  • DQ Grill & Chill

    0.98 miles

  • Family Fare

    0.17 miles

  • Walmart Supercenter

    0.26 miles

  • Save-A-Lot

    1.54 miles

  • Hilltop Grocery

    7.22 miles

Frequently Asked Questions

How much does Cheboygan, MI Walgreens cost?

The space currently listed for sale at Cheboygan, MI Walgreens asks for $4,070,000.

What is the total square footage of Cheboygan, MI Walgreens?

Cheboygan, MI Walgreens totals 14,550 square feet.

When was this property built?

Cheboygan, MI Walgreens was built in 2007.

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Contact Listing Broker
broker

SVN | Investment Property Advisors

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