Freestanding Pharmacy
For Sale
Contact for pricing
Pending
17170 Harper Ave, Detroit, MI 48224
A free-standing Rite Aid pharmacy on a major retail corridor with an absolute net lease structure requiring zero landlord responsibilities.
Property SizeContact for details
Days on Market122
Property Features for 17170 Harper Ave
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Traffic Count
20,000 vehicles/day
Listing Agency:
Ludwig & Seeley Inc.
Listed By:
Richard Ludwig · License #MI 6502110967
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Aug 8 at 2:07PM
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 Ludwig & Seeley Inc.
Investment Insights
Based on property information with market context.
Fortis Net Lease presents a freestanding Rite Aid Pharmacy built for long-term occupancy under an absolute net lease requiring zero landlord responsibilities. The lease was recently extended out to June 30, 2022, and this is the second lease extension for the tenant.
The property is located at the intersection of Harper Ave. and Oldtown, just off Cadieux, along a major retail corridor. Harper Ave. has an average daily traffic count over 20,000.
The surrounding retail mix includes national and local brands such as Subway, Wendy’s, BP, Mobil, and Shell.
The property is located at the intersection of Harper Ave. and Oldtown, just off Cadieux, along a major retail corridor. Harper Ave. has an average daily traffic count over 20,000.
The surrounding retail mix includes national and local brands such as Subway, Wendy’s, BP, Mobil, and Shell.
Key Highlights
- Freestanding Rite Aid pharmacy located at the intersection of Harper Ave. & Oldtown, just off Cadieux
- Lease recently extended to June 30, 2022, and Rite Aid has extended the lease a second time
- Absolute net lease requiring zero landlord responsibilities
Property Analytics
Current Use
Lease Details
20,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
63k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 39%
Wendy's
Dining
11,894 visits/mo
0.2 miles
White Castle
Dining
8,620 visits/mo
0.3 miles
Checkers
Dining
8,354 visits/mo
0.5 miles
BP
Shops & Services
7,527 visits/mo
0.2 miles
Popeyes Louisiana Kitchen
Dining
6,973 visits/mo
0.4 miles
Demographics for 48224, MI
39,633
Population
16,786
Households
2.4
Avg Household Size
33
Median Age
14%
College-Educated
84%
High-School Grad
5.8 sq mi
ZIP Area
6,833
Density / Sq Mi
$42,963
Median Household Income
$30,997
Median Earnings
$1,213
Median Rent
$77,900
Median Home Value
Market
Vacancy Rate% for Retail in Detroit, MI
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Similar Off Market Nearby
- Rite Aid Pharmacy — 17170 Harper Ave, Detroit, MI 48224
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- Express Meds Pharmacy — 17731 E Warren Ave, Detroit, MI 48224
- Barry Berk — 17170 Harper Ave, Detroit, MI 482241955
- EyeChronic-Lashes — 6016 Grayton St, Detroit, MI 48224
Frequently Asked Questions
What type of property is this?
Drug store - A free-standing Rite Aid pharmacy on a major retail corridor with an absolute net lease structure requiring zero landlord responsibilities.
Where is this drug store located?
The property is located at 17170 Harper Ave Detroit, MI.
What are key features of this property?
This property features: Freestanding Rite Aid pharmacy located at the intersection of Harper Ave. & Oldtown, just off Cadieux; Lease recently extended to June 30, 2022, and Rite Aid has extended the lease a second time; Absolute net lease requiring zero landlord responsibilities
