Rite Aid Drug Store with
For Sale
Contact for pricing
Pending
1565 E Pierson Rd., Flushing, MI 48433
Single-tenant NNN retail property with an established pharmacy operation and renewal options extending beyond the current lease term.
Property Size11,180 SF
Days on Market142
Property Features for 1565 E Pierson Rd.
General Information
Standard status
Pending
Size
11,180 SF
Property subtype
Retail
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Building Details
Tenancy
Single
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 5:08PM
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 The Boulder Group
Investment Insights
Based on property information with market context.
This single-tenant drug store contains 11,180 square feet and includes a drive-thru pharmacy. Rite Aid has operated at the property since 2003 under a net lease. The current lease extension, executed in 2018, runs through January 2029 and provides four additional five-year renewal options with rental escalations during each option period.
The property is located at 1565 E Pierson Rd. in Flushing, Michigan, at the signalized intersection of North Elms Road and West Pierson Road. Traffic volumes are reported at 10,702 VPD on North Elms Road and 19,448 VPD on West Pierson Road. Interstate 75 carries 78,294 VPD nearby, and the property is approximately 15 minutes northwest of Flint. Area retailers include Kroger, Walgreens, Ford, The Home Depot, Tractor Supply Company, McDonald's, Chase Bank, Taco Bell, AutoZone, Advance Auto Parts, and Biggby Coffee.
The property is located at 1565 E Pierson Rd. in Flushing, Michigan, at the signalized intersection of North Elms Road and West Pierson Road. Traffic volumes are reported at 10,702 VPD on North Elms Road and 19,448 VPD on West Pierson Road. Interstate 75 carries 78,294 VPD nearby, and the property is approximately 15 minutes northwest of Flint. Area retailers include Kroger, Walgreens, Ford, The Home Depot, Tractor Supply Company, McDonald's, Chase Bank, Taco Bell, AutoZone, Advance Auto Parts, and Biggby Coffee.
Key Highlights
- 11,180‑square‑foot single‑tenant drug store with a drive‑thru pharmacy
- NNN lease extension runs through January 2029
- Four 5‑year renewal options with rental escalations
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
289
Businesses Nearby
157k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Shops & Services 33%
Groceries 27%
Kroger
Groceries
42,862 visits/mo
0.1 miles
McDonald's
Dining
27,214 visits/mo
0.2 miles
Speedway
Shops & Services
25,945 visits/mo
0.1 miles
Taco Bell
Dining
12,846 visits/mo
0.1 miles
Wendy's
Dining
10,583 visits/mo
0.1 miles
Demographics for 48433, MI
26,688
Population
10,597
Households
2.5
Avg Household Size
44
Median Age
29%
College-Educated
95%
High-School Grad
55.5 sq mi
ZIP Area
481
Density / Sq Mi
$81,301
Median Household Income
$45,126
Median Earnings
$982
Median Rent
$197,400
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
- Walgreens Pharmacy — 1570 E Pierson Rd, Flushing, MI 48433
- Robert L. Hough, RPh — 1570 E Pierson Rd, Flushing, MI 48433
- Ideal Pharmacy Inc — 1552 E Pierson Rd suite c, Flushing, MI 48433
- Rite Aid Pharmacy — 1565 E Pierson Rd, Flushing, MI 48433
- Lorri L. McCoy, RPh — 1570 E Pierson Rd, Flushing, MI 48433
Frequently Asked Questions
What type of property is this?
Drug store - Single-tenant NNN retail property with an established pharmacy operation and renewal options extending beyond the current lease term.
Where is this drug store located?
The property is located at 1565 E Pierson Rd. Flushing, MI.
What are key features of this property?
This property features: 11,180‑square‑foot single‑tenant drug store with a drive‑thru pharmacy; NNN lease extension runs through January 2029; Four 5‑year renewal options with rental escalations
