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Kalamazoo, MI Drug Stores for Sale

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2600 Michigan Ave
$4,123,592
13,700 SF

2600 Michigan Ave

2600 Michigan Ave, Kalamazoo, MI 49006

Individual retail properties • 13,700 SF

  • Investment‑grade tenant, CVS, with a Moody's rating of Baa2 and S&P stable rating (March 31, 2024).
  • Absolute net ground lease extending to January 31, 2042, with ten five‑year renewal options at 10% rental increases each.
  • Building renovated by CVS in 2016.
  • 39,583 sq ft lot with cross‑easement rights to Campus Pointe Mall.
  • Parking lot repaved and restriped in 2019, with three points of ingress/egress and single‑lane drive‑thru.
Updated: Dec 11, 2024
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Former Walgreens Available for Sale
$1,488,888
14,378 SF

Former Walgreens Available for Sale

918 Riverview Dr, Kalamazoo, MI 49048

Freestanding retail property with NN lease in place until 2025.

  • NN Lease in place until March 31, 2025, providing income.
  • Priced at $1,992,360 ($151/SF) with an 8% cap rate on in‑place income.
  • Located on a 1.44‑acre lot at a signalized corner.
  • Freestanding former Walgreens building.
  • High visibility and accessibility with approximately 15,500 VPD.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Kalamazoo, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

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

Turn-Key Cannabis Provisioning Center
$950,000
1,371 SF

Turn-Key Cannabis Provisioning Center

Municipality approved medical and recreational cannabis provisioning center.

1382 Michigan Ave W, Battle Creek, MI 49037
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Turnkey Cannabis Provisioning Center
$850,000
4,466 SF

Turnkey Cannabis Provisioning Center

Municipality approved retail and warehouse on main thoroughfare.

327 Capital Ave SW, Battle Creek, MI 49015
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Vandercook Lake Retail Opportunity
$780,000
10,128 SF

Vandercook Lake Retail Opportunity

Operating pharmacy building with high visibility and traffic count.

210 Hinckley Blvd, Jackson, MI 49203
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Retail Pharmacy Building For Sale
$780,000

Retail Pharmacy Building For Sale

Modern, well-equipped retail space in prime location with high visibility.

210 Hinckley Blvd, Jackson, MI 49203
View details

Kalamazoo, MI Drug Stores Investment Opportunities Market Analysis

Explore 2 drug stores for sale in Kalamazoo, MI on our real estate platform. These investment opportunities span a total of 40,511 square feet of properties for sale, with an estimated market value of $4,123,592.

Prices for pharmacies in Kalamazoo, MI start at $4,123,592, averaging $4,123,592, and reaching up to $4,123,592 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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