Family Dollar - Rite Aid 4-Store Portfolio

28949 Northwestern Highway, Southfield, MI 48034

  • For Sale $7,577,000
  • Property Type Retail - Freestanding
  • Property Size 43,502 SF
  • Year Built 1998
  • Date Updated Dec 16, 2023
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Highlights

  • NEVER BEFORE ON MARKET
  • Attractive Below Market & Non-Recourse Assumable Debt
  • (3) Family Dollars are Double Net Leases w/ Minimal Landlord Responsibilities
  • (1) Rite Aid is a Net Bond Lease w/ Zero Landlord Responsibilities
  • Drugstore Prototype Construction | Each Location Features a Drive-Thru
  • Corporate Guarantee | NYSE: DLTR | S&P Rating "BBB"
  • Corporate Guarantee | Rite Aid Corp. | 2,244 Locations Nationwide
  • Attractive Low Avg. Rent/SF (12.45) | Avg. Price/SF ($17.72)

Contacts

broker

Brent Hanna

Encore Real Estate Investment Services

(248) 702-0293

Location

Getting Around

  • Walk Score ®

    69/100 Somewhat Walkable

  • Bike Score ®

    41/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Southfield, MI
  • Neighborhood Norview
  • Zip Code 48034
  • Market Richmond Tidewater

Points of Interest

  • Troy

    6.70 miles

  • Royal Oak

    8.26 miles

  • CDM Transport LLC

    8.51 miles

  • Pontiac

    9.22 miles

  • Sunoco

    0.07 miles

  • BP

    0.17 miles

  • Marathon

    0.21 miles

  • BP

    1.18 miles

  • Mobil

    1.25 miles

  • Sunoco

    1.52 miles

  • BP

    1.56 miles

  • Sunoco

    1.65 miles

  • Mobil

    1.68 miles

  • Marathon

    1.94 miles

  • MDOT Park & Ride

    2.52 miles

  • bus parking

    2.56 miles

  • Lot 1A

    2.85 miles

  • Lot 1B

    2.88 miles

  • Lot 1C

    2.90 miles

  • Lot 2

    2.96 miles

  • Lot 3

    2.97 miles

  • Lot 4

    3.07 miles

  • Lot 5

    3.10 miles

  • Parking Lot J

    3.21 miles

  • Burger King

    0.19 miles

  • Bigalora Wood Fired Cucina

    0.19 miles

  • Ram's Horn

    0.25 miles

  • Cornbread

    0.70 miles

  • Taco Bell

    1.02 miles

  • Panera Bread

    1.17 miles

  • Wendy's

    1.19 miles

  • Blaze Pizza

    1.25 miles

  • Shish Kabob

    1.26 miles

  • Flaming Wok

    1.26 miles

  • Meijer

    1.35 miles

  • Kroger

    1.84 miles

  • Imperial Fresh Market

    2.16 miles

  • Johnny Pomodoro's Fresh Market

    2.46 miles

  • Gordon Food Service

    2.60 miles

  • Orchard Foods & Grocery

    2.60 miles

  • Gordon Food Service

    2.80 miles

  • Burlington

    3.03 miles

  • ALDI

    3.04 miles

  • TJ Maxx

    3.20 miles

Frequently Asked Questions

What is the lease rate for Family Dollar - Rite Aid 4-Store Portfolio?

Rental asking rate at Family Dollar - Rite Aid 4-Store Portfolio is $3,788,500.00/YR.

What is the total square footage of Family Dollar - Rite Aid 4-Store Portfolio?

Family Dollar - Rite Aid 4-Store Portfolio totals 43,502 square feet.

When was this property built?

Family Dollar - Rite Aid 4-Store Portfolio was built in 1998.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Brent Hanna

Encore Real Estate Investment Services

(248) 702-0293