- For Sale $4,035,714
- Property Type Retail
- Property Size 14,820 SF
- Lot Size 1.91 Acre
- Date Updated May 14, 2026
Description
The Boulder Group is pleased to exclusively market for sale a single tenant net leased Walgreens property located within the Detroit MSA
in Rochester Hills, Michigan. Walgreens has been successfully operating at this location since 2005 and recently extended the lease through
July 2035, demonstrating commitment. Walgreens has nine 5-year renewal options remaining. The lease is absolute triple net and features no
landlord responsibilities.
The 14,820 square-foot building is positioned at a signalized intersection with 52,000 vehicles per day, enhanced by its proximity to State Highway
59 (103,000 VPD). The surrounding affluent community boasts an average household income exceeding $150,000, with a population of 185,000
within a five-mile radius. The property is minutes from major employers, including Stellantis North America (Headquarters), Volkswagen Group,
FANUC America, and BorgWarner. It is also less than five miles from Oakland University (15,000 students) and Oakland Community College (13,000
students). Nearby retailers include Target, Meijer, Lowe’s, Walmart, Kroger, Tractor Supply Company, Kohl’s, Petco, T.J. Maxx, Bath & Body Works,
Old Navy, and Harbor Freight.
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Contacts
The Boulder Group
The Boulder Group