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Former Walgreens Retail Space
For Lease
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140 S Milford Road, Milford, MI 48381

Former Walgreens with strong Milford Road frontage and excellent visibility in a retail corridor anchored by Aldi, Planet Fitness, and Dollar Tree.

Space Size14,820 SF
Days on Market113

Property Features for 140 S Milford Road

General Information

Standard status Active
Size 14,820 SF
Property subtype Retail

Building Details

Building Size 14,820 SF

Spaces For Lease

at 140 S Milford Road Contact us

Former Walgreens

Size
14,820 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Mid America Real Estate - Michigan Inc
Listed By: Tony Schmitt
Source: Midamericagrp
Added: May 14 Changed: Sep 3 Last Checked: Sep 2 at 4:42PM

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 Mid America Real Estate - Michigan Inc

Investment Insights

Based on property information with market context.

This former Walgreens retail property is available for lease and is positioned for high day-to-day exposure along Milford Road in Milford, Michigan. The site offers strong frontage and excellent visibility, with convenient access to the surrounding retail area.

The property sits directly across from a shopping center anchored by Aldi, Planet Fitness, and Dollar Tree. It is also located about 2.5 miles east of the General Motors Proving Grounds, placing it within a broader mix of national and local retailers including CVS, Starbucks, Athletico Physical Therapy, Jersey Mike’s, O’Reilly Auto Parts, and Community Choice Credit Union.

As an ex-drug store site, the space is well-suited for retail users looking to benefit from established commercial surroundings and prominent road-facing presence.

Key Highlights

  • Former Walgreens on Milford Road in Milford, Michigan
  • Strong frontage and excellent visibility along Milford Road
  • Directly across from a center anchored by Aldi, Planet Fitness, and Dollar Tree

Property Analytics

Current Use

FedEx OnSite Postal Service Rashna Chinoy, RPH Pharmacy Deborah Kopinsky, RPH Pharmacy Western Union Bank COVID-19 Drive-Thru Testing ... Pharmacy

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Electrical Service Auto Parts Store Grocery & Convenience Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

187
Businesses Nearby
82k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 50% Shops & Services 48% Beauty & Spa 2%
Speedway Shops & Services
18,109 visits/mo 0.2 miles
McDonald's Dining
16,619 visits/mo 0.2 miles
Starbucks Dining
11,160 visits/mo 0.1 miles
Taco Bell Dining
8,523 visits/mo 0.3 miles
Dollar Tree Shops & Services
7,455 visits/mo 0.3 miles

Demographics for 48381, MI

13,794
Population
5,588
Households
2.5
Avg Household Size
45
Median Age
45%
College-Educated
96%
High-School Grad
19.5 sq mi
ZIP Area
707
Density / Sq Mi
$103,156
Median Household Income
$61,929
Median Earnings
$1,146
Median Rent
$386,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Deborah Kopinsky, RPH 140 S Milford Rd, Milford, MI 48381
  • Rashna Chinoy, RPH 140 S Milford Rd, Milford, MI 48381, United States
  • COVID-19 Drive-Thru Testing at Walgreens 140 S Milford Rd, Milford, MI 48381
  • CVS Pharmacy 720 General Motors Rd, Milford Charter Twp, MI 48381
  • The Health Mart 361 N Main St, Milford Charter Twp, MI 48381

Frequently Asked Questions

What type of property is this?
Drug store - Former Walgreens with strong Milford Road frontage and excellent visibility in a retail corridor anchored by Aldi, Planet Fitness, and Dollar Tree.
Where is this drug store located?
The property is located at 140 S Milford Road Milford, MI.
What are key features of this property?
This property features: Former Walgreens on Milford Road in Milford, Michigan; Strong frontage and excellent visibility along Milford Road; Directly across from a center anchored by Aldi, Planet Fitness, and Dollar Tree
More about this property
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