- For Sale $2,608,600
- Property Type Retail - Street Retail
- Property Size 11,207 SF
- Lot Size 2.27 Acre
- Year Built 1999
- Date Updated Apr 22, 2024
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Highlights
- Absolute NNN Lease with Zero Landlord Responsibilities
- 11 Years Remaining in Term with Nine, 5-Year Options
- Lease Supports Rent Increases of 5% in Years 6 and 11, and in Each Option
- Excellent Visibility with Frontage and Signage Along Martin Luther King Jr Blvd with Traffic Counts Over 40,900 Vehicles Per Day and University Drive with Traffic Counts of Over 21,500 Vehicles Per Day
- Easily Accessible with Multiple Points of Access Along Martin Luther King Jr Blvd, University Drive and Featherstone Street
- Strategically Positioned with Signalized Intersections on Two Corners of the Property
- NYSE: RAD | Third Largest Drugstore Chain in the U.S. with Over 2,245 Locations
- This Location Features a Drive Thru and Ample Parking
- Located 27 Miles From the Detroit City Airport
False
Contacts
Location
Getting Around
-
Walk Score ®
52/100 Somewhat Walkable -
Bike Score ®
57/100 Bikeable
- City Pontiac, MI
- Neighborhood Pontiac
- Zip Code 48342
- Market Detroit
Points of Interest
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Pontiac
1.57 miles
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Troy
8.36 miles
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Mobil
0.06 miles
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Marathon
0.75 miles
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Mobil
0.91 miles
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Sunoco
0.93 miles
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Mobil
1.13 miles
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Mobil
1.16 miles
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Citgo
1.20 miles
-
Shell
1.26 miles
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Speedway
1.57 miles
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Marathon
1.59 miles
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Phoenix Center
1.42 miles
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Pontiiac School Bus Yard
1.74 miles
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Lot 20
1.76 miles
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Notre Dame Preparatory Marist Academy Parking Lot
1.79 miles
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Deck 20/21
1.85 miles
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Lot 22
1.92 miles
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FCA Visitor Parking
2.02 miles
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Lots 22A & 23A
2.05 miles
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Lot 15 Student and Visitor Parking
2.10 miles
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Lot 26
2.16 miles
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White Castle
0.09 miles
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Albert's Coney Grill Restaurant
1.20 miles
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Burger King
1.23 miles
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Bobby Ray's Gourmet Submarines
1.27 miles
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Taco Bell
1.45 miles
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KFC
1.46 miles
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Wendy's
1.48 miles
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McDonald's
1.60 miles
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El Rincon Chilango
1.61 miles
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The HUB
1.64 miles
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Carnival Market
2.18 miles
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Save-A-Lot
2.24 miles
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Hollywood Markets
2.33 miles
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Big Lots
2.69 miles
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Forman Mills
2.70 miles
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Bloomfield Town Square
3.03 miles
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ALDI
3.03 miles
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TJ Maxx
3.03 miles
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Better Health Market & Cafe
3.09 miles
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Meijer
3.29 miles
Frequently Asked Questions
What is the lease rate for Rite Aid?
Rental asking rate at Rite Aid is $1,304,300.00/YR.
What is the total square footage of Rite Aid?
Rite Aid totals 11,207 square feet.
When was this property built?
Rite Aid was built in 1999.
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