17170 Harper Ave Detroit, MI 48224

Listing agency Ludwig & Seeley Inc.

Listed by Richard Ludwig · License #MI 6502110967

Source Crexi

Added: Apr 10 Updated: Jul 22 at 4:27PM Checked: Jul 22 at 4:27PM

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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.

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

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Similar Off Market Nearby

• Rite Aid Pharmacy — 17170 Harper Ave, Detroit, MI 48224
• Bland J. Khalifah, RPH — 17170 Harper, Detroit, MI 48224
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FAQs

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