Farmington Hills, MI Drug stores for sale

Updated: Jun 10

Absolute NNN Ground-Lease Property

29425 Orchard Lake Rd, Farmington Hills, MI 48334

$5,950,000

13,210 sqft

Absolute NNN ground lease with CVS responsible for roof, structure, parking lot, HVAC, taxes, insurance, and operating expenses
13,210 SF CVS Pharmacy building constructed in 2008
Lease runs through January 2035 with five additional 5‑year renewal options
5% rent increases apply during each option period
Orchard Lake Road traffic reported at 32,115 VPD; nearby 13 Mile Road carries 14,815 VPD

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Updated: Apr 11

Walgreens Drug Store with NNN Lease

24140 Orchard Lake Rd, Farmington Hills, MI 48336

Contact for pricing

Walgreens drug store with an absolute NNN lease
7+ years remain on the primary lease term
Ten 5‑year renewal options follow the primary term
8.0 CAP rate with Walgreens corporate guarantee
Southeast signalized corner of Orchard Lake Road and West 10 Mile Road

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Farmington Hills, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Established Walgreens Location for Sale

29200 Six Mile Rd, Livonia, MI 48152

$1,986,500

13,905 sqft 1.79 AC lot

Long-term Walgreens with low rent in a dense retail area.

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Former Pharmacy Space

24100 Meadowbrook Road, Novi, MI 48375

Contact for pricing

6,200 sqft

Former pharmacy premises at Meadowbrook Road and Ten Mile in Novi.

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Former Drug Store Property

42481 W 13 Mile, Novi, MI 48377

Contact for pricing

Former pharmacy location offered as a commercial ownership opportunity.

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Vacant Drug Store Corner Property

31245 8 MILE ROAD, Livonia, MI 48152

Contact for pricing

Unoccupied Rite Aid drug store on a hard corner with access from both Eight Mile Road and Merriman.

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Off-Market Properties in Farmington Hills, MI

Consider similar Off-Market properties in Farmington Hills, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Lifestyle centers

27600 Middlebelt Rd, Farmington Hills, MI 48334

Value Estimation by Request

63,805 sqft 7.54 AC lot

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Farmington Hills, MI Drug Stores Market Trends and Statistics

Explore 3 drug stores for sale in Farmington Hills, MI on our real estate platform. These investment opportunities span a total of 13,210 square feet of properties for sale, with an estimated market value of $5,950,000.

Sale prices for pharmacies in Farmington Hills, MI average $5,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
Farmington - 48334	$6M

Neighborhood

Average Price

Farmington - 48334

$6M

Farmington Hills, MI Drug Stores for Sale

29425 Orchard Lake Rd, Farmington Hills, MI 48334

24140 Orchard Lake Rd, Farmington Hills, MI 48336