Walgreens

1710 West John Beers Road, Stevensville, MI 49127

  • For Sale $4,866,700
  • Property Type Retail - Freestanding
  • Property Size 14,820 SF
  • Lot Size 2.06 Acre
  • Date Updated Apr 16, 2024
The Kase Group is pleased to present the opportunity to purchase a well established Walgreens location in Stevensville, Michigan. The net lease has over 8 years left on the lease. The site is well positioned at the signalized intersection of W John Beers Rd & Cleveland Ave with exposure to 7,495 vehicles per day and nearby Lakeshore High School (872 students) & Lakeshore Middle School (619 students).The Kase Group is pleased to present the opportunity to purchase a well established Walgreens location in Stevensville, Michigan. The lease calls for zero landlord obligations and is corporately guaranteed by Walgreens. Beyond the initial term, tenant has fifty (50) years of options with 12 month cancellation rights. The site is well positioned at the signalized intersection of W John Beers Rd & Cleveland Ave with exposure to 7,495 vehicles per day and nearby Lakeshore High School (872 students) & Lakeshore Middle School (619 students).

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Highlights

  • Absolute NNN Lease
  • Zero Landlord Obligations
  • Corporate Guarantee - NASDAQ:WBA
  • S&P Rated BBB Investment Grade Credit
  • Located at Signalized Intersection - 7,495 VPD
  • Nearby Local Middle & High School (1,491 Students Combined)

Contacts

broker

Jacob Abusharkh

The Kase Group

(415) 269-2474

Location

Getting Around

  • Walk Score ®

    45/100 Car-Dependent

  • Bike Score ®

    42/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Stevensville, MI
  • Neighborhood Stevensville
  • Zip Code 49127
  • Market South Bend

Points of Interest

  • Saint Joseph

    6.61 miles

  • Citgo

    0.07 miles

  • Propane

    0.79 miles

  • Mobil

    1.69 miles

  • Marathon

    1.71 miles

  • Shell

    1.73 miles

  • Admiral

    2.01 miles

  • BP

    2.22 miles

  • Marathon

    2.24 miles

  • Phillips 66

    2.51 miles

  • St. Joseph, MI Supercharger

    3.55 miles

  • Benton Harbor/St. Joseph

    5.10 miles

  • Benton Harbor Boat Launch

    6.39 miles

  • Warren Dunes State Park trail and organization camp parking

    7.69 miles

  • Millburg

    7.95 miles

  • Hong Kong Kitchen

    0.07 miles

  • Mr. Gyro's

    0.17 miles

  • Pizza Hut

    1.16 miles

  • 5 O'Clock Sports Bar & Restaurant

    1.53 miles

  • McDonald's

    1.63 miles

  • Big Boy

    1.65 miles

  • Burger King

    1.67 miles

  • Cracker Barrel

    1.69 miles

  • Long John Silver's

    1.71 miles

  • Culver's

    1.76 miles

  • Martin's Super Markets

    0.21 miles

  • Meijer

    1.36 miles

  • Roger's Foodland

    3.04 miles

  • Martin's Supermarket

    4.49 miles

  • Harding's Friendly Market

    4.87 miles

  • Jones Blueberries

    5.11 miles

  • D & M Supermarkets

    5.42 miles

  • Walmart Supercenter

    5.68 miles

  • Save-A-Lot

    5.96 miles

  • Meijer

    6.03 miles

Frequently Asked Questions

What is the lease rate for Walgreens?

Rental asking rate at Walgreens is $2,433,350.00/YR.

What is the total square footage of Walgreens?

Walgreens totals 14,820 square feet.

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Contact Listing Broker

broker

Jacob Abusharkh

The Kase Group

(415) 269-2474