Drive-Through Retail Pharmacy
For Sale
$2,600,000
1420 WRIGHT AVE, Alma, MI 48801
Freestanding NNN retail building with a drive-through area, ADA-compliant access, and roll-up receiving doors.
Property Size14,820 SF
Price / SF$175.44
Days on Market811
Property Features for 1420 WRIGHT AVE
General Information
Standard status
Active
Size
14,820 SF
Property subtype
Industrial
Additional Details
Sprinkler System
Yes
Amenities
drive-through
fire suppression system
ADA compliant
receiving area
security system
Central Air
3
Concrete
315270
Building Details
Year Built
2005
Listing Agency:
43 NORTH REALTY
(989) 330-4037
Listed By:
Micah Kemler · License #6505426348
(989) 330-4037
Source:
Xome
Added: May 23, 2024
Changed: Aug 8
Last Checked: Aug 11 at 4:57AM
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 43 NORTH REALTY
Investment Insights
Based on property information with market context.
This freestanding, approximately 14,820-square-foot retail pharmacy building is designed as a flexible “blank slate,” with a drive-through area and a receiving setup that includes roll-up outside doors for deliveries. The property also features a fully installed fire suppression system, ADA-compliant bathrooms and doors, and main-level entrances. A Bosch commercial alarm/burglar protection system is in place.
The building is offered for sale at 1420 Wright Avenue in Alma, Michigan. Public remarks note it is positioned on one of the area’s busiest corners, less than a block from MyMichigan Medical Center Alma and the Masonic Home.
As of the current terms described in the remarks, the property has a transferrable NNN lease for the remaining 8 years of a 25-year term, ending in 2032. The adaptability of the layout is also stated to support a range of commercial uses, including retail, medical, office, and other service-oriented concepts.
The building is offered for sale at 1420 Wright Avenue in Alma, Michigan. Public remarks note it is positioned on one of the area’s busiest corners, less than a block from MyMichigan Medical Center Alma and the Masonic Home.
As of the current terms described in the remarks, the property has a transferrable NNN lease for the remaining 8 years of a 25-year term, ending in 2032. The adaptability of the layout is also stated to support a range of commercial uses, including retail, medical, office, and other service-oriented concepts.
Key Highlights
- Almost 15,000 SF freestanding commercial building built in 2005
- Transferrable NNN lease remaining 8 years of a 25‑year term, ending in 2032
- Drive‑through area for pharmacy‑style service and other commercial uses
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
649
Businesses Nearby
201k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Groceries 27%
Shops & Services 17%
Home Improvements & Furnishings 10%
Meijer
Groceries
53,531 visits/mo
0.5 miles
McDonald's
Dining
23,307 visits/mo
0.2 miles
Tractor Supply Co.
Home Improvements & Furnishings
15,583 visits/mo
0.3 miles
Taco Bell
Dining
15,093 visits/mo
0.4 miles
Burger King
Dining
13,950 visits/mo
0.3 miles
Demographics for 48801, MI
13,006
Population
5,408
Households
2.4
Avg Household Size
34
Median Age
28%
College-Educated
95%
High-School Grad
70.8 sq mi
ZIP Area
184
Density / Sq Mi
$57,449
Median Household Income
$30,146
Median Earnings
$795
Median Rent
$120,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Rite Aid Pharmacy — 1341 Wright Ave, Alma, MI 48801
- COVID-19 Drive-Thru Testing at Walgreens — 1420 Wright Ave, Alma, MI 48801
- Genoa Healthcare — 608 Wright Ave Room 106, Alma, MI 48801
- Cara Waite — 1341 Wright Ave, Alma, MI 488011134
- Andrew Johnson — 1420 Wright Ave, Alma, MI 488011018
Frequently Asked Questions
What type of property is this?
Drug store - Freestanding NNN retail building with a drive-through area, ADA-compliant access, and roll-up receiving doors.
Where is this drug store located?
The property is located at 1420 WRIGHT AVE Alma, MI.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Almost 15,000 SF freestanding commercial building built in 2005; Transferrable NNN lease remaining 8 years of a 25‑year term, ending in 2032; Drive‑through area for pharmacy‑style service and other commercial uses
