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    Redford, MI
    Drug Store

    Redford, MI Drug Stores for Sale

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    Ecorse, MI Grosse Pointe Park, MI Hamtramck, MI Highland Park, MI Dearborn, MI River Rouge, MI Grosse Pointe, MI Melvindale, MI
    6 properties
    Bank Anchored Investment Opportunity
    Updated: Apr 24
    Bank Anchored Investment Opportunity

    13403 W 7 Mile Rd, Detroit, MI 48235

    $1,350,000
    4,000 sqft
    Anchored by Bank of America with a recently renewed lease and 10+ year occupancy history.
    Strong in‑place income of $96,000 annually from Bank of America and Pharmacy tenants.
    Opportunity for increased income with a vacant, fully built‑out ~4,000 SF clinic space, projecting an additional $72,000 annually.
    Pharmacy tenant with a 12‑year history, secured under a 72‑month lease plus options, generating $60,000 annual rent with 6% escalations.
    On‑site ATM generating approximately $36,000 annually.
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    This listing looks promising.

    Here's a quick look at some key insights for

    13403 W 7 Mile Rd, Detroit, MI 48235

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    • Est. Cap Rate

      2.9%
      NOI ÷ price

    • Est. NOI

      $39K
      Annual

    • Price @ 7% Cap

      $563K
      Suggested
    View Property Analytics
    NNN Leased Drugstore Retail Property
    Updated: Apr 10
    NNN Leased Drugstore Retail Property

    20000 Grand River Ave, Detroit, MI 48219

    Contact for pricing
    13,064 sqft 0.62 AC lot
    NNN leased retail property in a 1996‑built building; Rite Aid occupies 13,064 SF under a Family Dollar sublease.
    Rite Aid has five years remaining on their corporate guaranteed lease.
    0.62‑acre site at the highly trafficked intersection of Grand River Ave & Evergreen Road (traffic count over 24,000 vehicles/day).
    Rite Aid corporate guaranteed lease; corporate guarantee included with the investment highlights.
    5‑mile demographics include a population of 462,137 and rooftop density of 144,000+.
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    Freestanding Retail Building with Drive-Thru
    Freestanding Retail Building with Drive-Thru

    26000 Five Mile Rd, Redford, MI 48239

    Contact for pricing
    2,000 sqft

    Freestanding drug store with drive-thru, leased by Walgreens under a corporate-backed arrangement.

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    Medical Office Building with Pharmacy
    Medical Office Building with Pharmacy

    16841 Schaefer Hwy, Detroit, MI 48235

    $585,000

    Renovated medical building includes four exam rooms, physician and management offices, lab, X-ray room, and private parking.

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

    11538 E Seven Mile, Detroit, MI 48234

    Contact for pricing
    2,960 sqft

    Corner storefront building currently operating as a pharmacy and retail shop with recent HVAC and roof improvements.

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    Freestanding Pharmacy NNN
    Freestanding Pharmacy NNN

    17170 Harper Ave, Detroit, MI 48224

    Contact for pricing

    A free-standing Rite Aid pharmacy on a major retail corridor with an absolute net lease structure requiring zero landlord responsibilities.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 6 Active listings in Redford, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Dearborn Walgreens For Sale
    Dearborn Walgreens For Sale

    13601 W Warren Ave, Dearborn, MI 48126

    Contact for pricing
    13,816 sqft

    Walgreens property with ±3 years of guaranteed lease term.

    View details
    Medical/Pharmacy Office on Corner Lot
    Medical/Pharmacy Office on Corner Lot

    10801 W WARREN Avenue, Dearborn, MI 48126

    Contact for pricing
    2,834 sqft

    Prime medical and pharmacy office space in Dearborn, Michigan.

    View details
    Two-Tenant Retail Shopping Center
    Two-Tenant Retail Shopping Center

    1921 E 8 Mile Rd, Warren, MI 48091

    Contact for pricing

    Two freestanding retail buildings, including a former Walgreens built in 1999 and a second unit currently vacant.

    View details
    NNN Walgreens Retail Property
    NNN Walgreens Retail Property

    11635 East 13 Mile Road, Warren, MI 48093

    Contact for pricing

    Absolute net leased Walgreens property with 7+ years remaining and multiple 5-year options, income guaranteed by Walgreens.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Cleared Lot in Garrettsville Village
    Cleared Lot in Garrettsville Village

    10937 Fox Den Circle, Garrettsville, OH 44231

    $59,000
    0.25 AC lot

    Ready-to-build 0.25 acre lot with utilities in Garrettsville, OH.

    View details
    Land Parcel with Road Frontage
    Land Parcel with Road Frontage

    1257 E Sherman Boulevard, Norton Shores, MI 49444

    $185,000
    0.23 AC lot

    Vacant land offering 218 feet of road frontage, with an additional parcel that includes a two-bedroom home.

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    Hart, MI Undeveloped Commercial Land
    Hart, MI Undeveloped Commercial Land

    3308 W Monroe Road lot: B - 23.56 Acres, Hart, MI 49420

    $300,000
    23.56 AC lot

    23.56 acres of commercially zoned land near expressway.

    View details
    Undeveloped Land in Weare Township
    Undeveloped Land in Weare Township

    3308 W Monroe Road lot: C - 25.74 Acres, Hart, MI 49420

    $360,000
    25.74 AC lot

    25.74 acres of commercially zoned land near expressway.

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    Off-Market Properties in Redford, MI

    Consider similar Off-Market properties in Redford, 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.

    22523 Plymouth Rd
    DRUG STORE, PHARMACY

    22523 Plymouth Rd, Redford, MI 48239-1322

    Value Estimation by Request
    1,220 sqft 0.05 AC lot
    View details

    Redford, MI Drug Stores Market Trends and Statistics

    Explore 7 drug stores for sale in Redford, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 22,024 square feet of properties for sale, with an estimated market value of $1,935,000.

    Sale prices for pharmacies in Redford, MI start at $585,000, averaging $967,500, and reaching up to $1,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 17
    Auto shops 10
    Automotive properties 10
    Shopping centers 6
    Showrooms 4

    Demographics Overview

    Population 54K
    Population Growth (5Y) +0.8%
    Median Household Income $65,772
    College Educated 29.1%

    Taxes & Financing

    Tax Rate (average for all types) 6.72%
    Property Tax per SF $59.47 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wayne County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Redford, MI

    • 48235
    • 48219
    • 48224
    • 48234
    • 48239

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