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Drug Store Ground Lease Property
For Sale
Contact for pricing
Pending

2506 E Hill Rd, Grand Blanc, MI 48439

Former Rite Aid drug store on 1.22 acres, totaling 10,880 square feet, subject to a ground lease through October 31, 2026.

Property Size10,880 SF
Lot Size1.22 Acres
Days on Market124

Property Features for 2506 E Hill Rd

General Information

Standard status Pending
Size 10,880 SF
Lot size 1.22 Acres
Property subtype Retail
Occupancy 100%

Building Details

Tenancy Single
Listing Agency: Oakline Commercial Real Estate
Listed By: Scott Ryan · License #TX 475792
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 12 at 10:59AM

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 Oakline Commercial Real Estate

Investment Insights

Based on property information with market context.

This property consists of a total 10,880 square feet on a 1.22 acre lot and is described as a dark Rite Aid location. The Rite Aid ground lease is in place, with a primary term expiring October 31, 2026.

The site is located at 2506 E Hill Rd in Grand Blanc, Michigan (Genesee County).

Key Highlights

  • Former Rite Aid drug store offering 10,880 SF on a 1.22‑acre lot
  • Located on E Hill Rd in Grand Blanc, MI
  • Rite Aid site is subject to a ground lease with a primary term expiring October 31, 2026

Property Analytics

Current Use

Rite Aid Pharmacy Pharmacy Norman D. Stulz ... Pharmacy Amazon Hub Locker ... Postal Service Western Union Bank

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Storage Facility Electrical Service (Bike/Boat/Book/etc) Store

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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

471
Businesses Nearby
Well-served
Demand for This Use

Demographics for 48439, MI

51,719
Population
22,101
Households
2.3
Avg Household Size
41
Median Age
43%
College-Educated
96%
High-School Grad
54.5 sq mi
ZIP Area
949
Density / Sq Mi
$88,505
Median Household Income
$47,506
Median Earnings
$1,035
Median Rent
$250,800
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

  • Sam's Club Pharmacy 6160 S Saginaw St, Grand Blanc, MI 48439
  • Rite Aid Pharmacy 2506 E Hill Rd, Grand Blanc, MI 48439
  • Norman D. Stulz Sr, Pharm 2506 E Hill Rd, Grand Blanc, MI 48439
  • Shannon Daly 6160 S Saginaw St, Grand Blanc Twp, MI 484397026
  • Walmart Pharmacy 6170 S Saginaw St, Grand Blanc, MI 48439

Frequently Asked Questions

What type of property is this?
Drug store - Former Rite Aid drug store on 1.22 acres, totaling 10,880 square feet, subject to a ground lease through October 31, 2026.
Where is this drug store located?
The property is located at 2506 E Hill Rd Grand Blanc, MI.
What are key features of this property?
This property features: Former Rite Aid drug store offering 10,880 SF on a 1.22‑acre lot; Located on E Hill Rd in Grand Blanc, MI; Rite Aid site is subject to a ground lease with a primary term expiring October 31, 2026
More about this property
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