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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.
Last Update: 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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CVS Absolute Net Ground Lease
$4,300,000

CVS Absolute Net Ground Lease

Absolute net ground lease with CVS near Western Michigan University.
2600 W Michigan Ave, Kalamazoo, MI 49006
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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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Operating Retail Property For Sale
$5,999,999
6,160 SF

Operating Retail Property For Sale

Freestanding building with established business in high-traffic retail corridor.
846 E Columbia Ave, Battle Creek, MI 49014
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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 Property with Approved License
$600,000
2,564 SF

Retail Property with Approved License

Retail property with license and real estate included in sale.
6015 Ann Arbor Rd, Jackson, MI 49201
View details

Kalamazoo, MI Drug Stores Investment Opportunities Market Analysis

Explore 3 drug stores for sale in Kalamazoo, MI, showcased through 3 active listings 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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