Taylor, MI Walgreens Investment
20030 ECORSE RD, Taylor, MI
Call to check price and availability
Walgreens property with long-term lease and prime location.
Type:RETAIL
Property size:
14,490 SFLot size:
1.20 AcresPrice / SF:
$151/SF- Added:
- Dec 3, 2024
- Days on Market:
- 525
- Last Refresh:
- Apr 5 at 9:59 pm
Property Features for 20030 ECORSE RD
General Information
- Standard status
- Active
- Size
- 14,490 SF
- Lot size
- 1.20 Acres
- Property subtype
- RETAIL
Listing agent Brandon Hanna (248) 702-0280
Listing office Encore Real Estate Investment Services (248) 702-0280
Listing date Dec 3, 2024
Source Moodyscre
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 Encore Real Estate Investment Services
HighLights
- Lowest rent Walgreens available in Wayne County Michigan at $9.45 Rent PSF.
- True Fundamental Covered Land Play - 1.62 Acre Main on Main Corner.
- Recent 10‑year lease extension with 8 years remaining in term.
- Strong Credit Tenant with S&P BBB Credit.
- Five (5), 5‑year options available with a one time 24% increase in the options.
- Located at signalized intersection with high traffic volume (24,000+ VPD on both Ecorse and Pelham Roads).
Overview
This property is a 14,490-square-foot all-brick building constructed in 2001, situated on a 1.62-acre corner lot. It is currently occupied by Walgreens, with over 20 years at this location and a recent 10-year lease extension, leaving 8 years remaining in the term. The tenant has a strong credit rating of S&P BBB. The location features a drive-thru and ample parking. The property is located at the signalized intersection of Ecorse Road and Pelham Road, which sees traffic counts of over 24,000 vehicles per day on each road. The surrounding area includes national retailers such as Advance Auto Parts, Burger King, Dollar Tree, Kroger, McDonald's, Taco Bell, and Wendy's. There are five 5-year options available with a one-time 24% increase in the options. The property is located in Taylor, Michigan.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Walgreens Photo
(Bike/Boat/Book/etc) Store
COVID-19 Drive-Thru Testing ...
Medical Laboratory
Walgreens
Pharmacy
Walgreens Pharmacy
Pharmacy
FedEx OnSite
Postal Service
Similar Places Nearby
- Walgreens Pharmacy — 20030 Ecorse Rd, Taylor, MI 48180
- GNC — 21552 Ecorse Rd, Taylor, MI 48180
- Mukesh Vir — 20030 Ecorse Rd, Taylor, MI 481801914
- Nanette Sabell — 20030 Ecorse Rd, Taylor, MI 481801914
- CBD Health Crew — 18736 Philomene Blvd, Allen Park, MI 48101, United States
Location Insight
- Map
- Local Demand
- City
- Taylor
- County
- Wayne
- State
- Michigan
- Longitude
- -83.2317
- Latitude
- 42.2574
Nearby Similar for Sale
FAQs
What type of property is this?
Drug store - Walgreens property with long-term lease and prime location.
Where is this drug store located?
The property is located at 20030 ECORSE RD Taylor, MI.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Lowest rent Walgreens available in Wayne County Michigan at $9.45 Rent PSF.; **True Fundamental Covered Land Play - 1.62 Acre Main on Main Corner.**; Recent 10‑year lease extension with 8 years remaining in term.
