Single-Tenant CVS Retail
For Sale
Contact for pricing
Pending
35 North Walnut Street, Mount Clemens, MI 48043
Single-tenant CVS property in downtown Mount Clemens with adjacent metered public parking.
Property SizeContact for details
Days on Market119
Property Features for 35 North Walnut Street
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Pharma Property Group
(619) 297-0055
Listed By:
Jason Pongsrikul · License #CA 01918332
Source:
Crexi
Added: Apr 10
Changed: Jul 22
Last Checked: Aug 6 at 8:24AM
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 Pharma Property Group
Investment Insights
Based on property information with market context.
This offering presents a single-tenant CVS retail store located in downtown Mount Clemens, Michigan. The initial lease term has approximately 9 years and 4 months remaining, with five (5) consecutive five-year options to follow. The next option begins in January 2028, and the lease provides for approximately 5% increases every five years during the option periods. The property is described as being delivered free and clear of debt.
The property is positioned in the heart of Mount Clemens downtown, about two blocks from the Macomb County services buildings and adjacent to metered public parking. It is surrounded by local retail shops and infill residential neighborhoods.
The asset is offered as a CVS pharmacy property for investors seeking a stabilized, single-tenant retail lease structure with defined option timing and scheduled rent increases.
The property is positioned in the heart of Mount Clemens downtown, about two blocks from the Macomb County services buildings and adjacent to metered public parking. It is surrounded by local retail shops and infill residential neighborhoods.
The asset is offered as a CVS pharmacy property for investors seeking a stabilized, single-tenant retail lease structure with defined option timing and scheduled rent increases.
Key Highlights
- Single‑tenant CVS in downtown Mount Clemens, Michigan
- Approximately 9 years 4 months remaining on the initial lease term plus five (5) five‑year options
- Next lease option begins January 2028
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,285
Businesses Nearby
31k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 90%
Dining 10%
Shell
Shops & Services
13,140 visits/mo
0.2 miles
Mobil
Shops & Services
5,508 visits/mo
0.2 miles
Huntington Bank
Shops & Services
3,790 visits/mo
0.2 miles
Fifth Third Bank & ATM
Shops & Services
3,069 visits/mo
0.1 miles
Happy's Pizza
Dining
3,003 visits/mo
0.3 miles
Demographics for 48043, MI
15,665
Population
7,059
Households
2.2
Avg Household Size
41
Median Age
18%
College-Educated
88%
High-School Grad
4.1 sq mi
ZIP Area
3,821
Density / Sq Mi
$57,315
Median Household Income
$37,683
Median Earnings
$896
Median Rent
$169,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Saveon Rx Pharmacy — 244 Southbound Gratiot Ave, Mt Clemens, MI 48043
- Sav-On pharmacy — 244 Gratiot Ave, Mt Clemens, MI 48043
- Skin Therapy with Lara — 75 N Main St Suite 10B, Mt Clemens, MI 48043
- AvaBella Aesthetics — 90 Macomb Pl, Mt Clemens, MI 48043
- CBD Surgeons LLC — 717 56 Macomb Pl, Mt Clemens, MI 48043
Frequently Asked Questions
What type of property is this?
Drug store - Single-tenant CVS property in downtown Mount Clemens with adjacent metered public parking.
Where is this drug store located?
The property is located at 35 North Walnut Street Mount Clemens, MI.
What are key features of this property?
This property features: Single‑tenant CVS in downtown Mount Clemens, Michigan; Approximately 9 years 4 months remaining on the initial lease term plus five (5) five‑year options; Next lease option begins January 2028
