Freestanding Retail Building with
For Sale
Contact for pricing
1001 E M 21, Owosso, MI 48867
2008-built freestanding retail building with 100% occupancy under an Absolute NNN lease with no landlord obligations.
Property Size14,820 SF
Days on Market134
Property Features for 1001 E M 21
General Information
Standard status
Active
Size
14,820 SF
Property subtype
Retail
Occupancy
100%
Building Details
Year Built
2008
Buildings
1
Tenancy
Single Tenant
Listing Agency:
APEX Commercial Real Estate Advisors
Listed By:
Ayson Shammami · License #6502433307
(248) 554-5709
Source:
Cpix.resimplifi
Added: Jun 9
Changed: Oct 9
Last Checked: Oct 19 at 3:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of APEX Commercial Real Estate Advisors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Constructed in 2008, this 14,820 SF freestanding retail building is currently 100% occupied. The property is offered with an Absolute NNN lease with no landlord obligations. Corporate guarantee is backed by Walgreens Boots Alliance, a Fortune 500 company with over 8,500 locations nationwide.
Located at 1001 E M 21 in Owosso, Michigan, the building offers strong day-to-day customer convenience with ample parking and high-visibility signage. The asset is described as having attractive curb appeal and a versatile layout intended to support various retail uses.
For investors seeking retail income supported by tenant stability, the offering highlights the building’s modern condition and ongoing occupancy performance.
Located at 1001 E M 21 in Owosso, Michigan, the building offers strong day-to-day customer convenience with ample parking and high-visibility signage. The asset is described as having attractive curb appeal and a versatile layout intended to support various retail uses.
For investors seeking retail income supported by tenant stability, the offering highlights the building’s modern condition and ongoing occupancy performance.
Key Highlights
- 2008‑built, free‑standing 14,820 SF retail building in Owosso, MI
- Currently 100% occupied with an Absolute NNN lease and no landlord obligations
- Corporate guarantee in place backed by Walgreens Boots Alliance (Fortune 500)
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
284
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48867, MI
27,596
Population
12,660
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
136.0 sq mi
ZIP Area
203
Density / Sq Mi
$58,718
Median Household Income
$37,908
Median Earnings
$834
Median Rent
$145,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Heather A. Balzer, PharmD — 1002 E M 21, Owosso, MI 48867
- Andrew V. Young, RPh — 1002 E M 21, Owosso, MI 48867
- Matthew O'bryant — 1002 E M 21, Owosso, MI 488679007
- Aimee Pohlman — 1002 E M 21, Owosso, MI 488679007
- Walgreens Pharmacy — 1001 E M 21, Owosso, MI 48867
Frequently Asked Questions
What type of property is this?
Drug store - 2008-built freestanding retail building with 100% occupancy under an Absolute NNN lease with no landlord obligations.
Where is this drug store located?
The property is located at 1001 E M 21 Owosso, MI.
What are key features of this property?
This property features: 2008‑built, free‑standing 14,820 SF retail building in Owosso, MI; Currently 100% occupied with an Absolute NNN lease and no landlord obligations; Corporate guarantee in place backed by Walgreens Boots Alliance (Fortune 500)
