NNN Walgreens Pharmacy
17071 Fort St Riverview, MI 48193
17071 Fort St, Riverview, MI, 48193
Contact for pricing
For Sale
Contact for pricing
1998-built Walgreens is leased on a triple-net basis with corporate guarantee and ingress/egress from two street frontages.
Days on Market103
Property Features for 17071 Fort St
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
The Jonna Group at Colliers International
(248) 226-1610
Listed by
Simon Jonna · License #MI 6501357188
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 8:45PM Checked: Jul 21 at 8:45PM
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 Jonna Group at Colliers International
Investment Insights
Based on property information with market context.
This NNN Walgreens was built for Walgreens in 1998 and is offered for sale as a triple-net investment. The current lease is based on an original 20-year triple-net structure with zero landlord responsibilities, and it has more than six years remaining. The lease includes eight five-year options, and it features a corporate guarantee by Walgreens.
The site has high visibility and frontage on Fort Street/M-85 and Pennsylvania Road, with ingress/egress available from both streets. The Walgreens serves as the only pharmacy in the city. In the immediate vicinity are several national retailers, and the property is adjacent to both Lowe’s Home Improvement and Kroger.
Riverview, Michigan is a suburb of Metro Detroit, with the location providing access to major regional routes including I-75 and M-85/Fort Street. The surrounding area includes more than 183,000 people within a 5-mile radius, and average household income of about $78,000.
The site has high visibility and frontage on Fort Street/M-85 and Pennsylvania Road, with ingress/egress available from both streets. The Walgreens serves as the only pharmacy in the city. In the immediate vicinity are several national retailers, and the property is adjacent to both Lowe’s Home Improvement and Kroger.
Riverview, Michigan is a suburb of Metro Detroit, with the location providing access to major regional routes including I-75 and M-85/Fort Street. The surrounding area includes more than 183,000 people within a 5-mile radius, and average household income of about $78,000.
Key Highlights
- 1998‑built Walgreens for sale on an NNN (triple‑net) basis with corporate guarantee by Walgreens
- CVS original 20‑year triple‑net lease has 6+ years remaining and includes eight 5‑year options
- NNN Walgreens site is the only pharmacy in the city and serves the market as the sole local pharmacy
Property Analytics
Location Intelligence
Current Use by Public Records
Drug stores
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - 1998-built Walgreens is leased on a triple-net basis with corporate guarantee and ingress/egress from two street frontages.
Where is this nnn property located?
The property is located at 17071 Fort St Riverview, MI.
What are key features of this property?
This property features: 1998‑built Walgreens for sale on an NNN (triple‑net) basis with corporate guarantee by Walgreens; CVS original 20‑year triple‑net lease has 6+ years remaining and includes eight 5‑year options; NNN Walgreens site is the only pharmacy in the city and serves the market as the sole local pharmacy
