CVS Pharmacy
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For Sale
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2240 North Cedar Street, Holt, MI 48842
Pharmacy asset supported by a CVS Health Corporation lease guaranty.
Property SizeContact for details
Days on Market5
Property Features for 2240 North Cedar Street
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE - Atlanta
Listed By:
Brian Pfohl · License #GA 349355
(404) 504-7893
Source:
Crexi
Added: Sep 9
Changed: Sep 11
Last Checked: Sep 13 at 6:07AM
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 CBRE - Atlanta
Investment Insights
Based on property information with market context.
This pharmacy property is located at 2240 North Cedar Street in Holt, Michigan. The lease guarantor is CVS Health Corporation, a diversified health solutions company publicly traded under NYSE: CVS and rated BBB by S&P. CVS Health operates across health care benefits, health services, pharmacy and consumer wellness, and corporate functions.
The Pharmacy & Consumer Wellness segment includes retail prescription dispensing, infusion services, pharmacy patient-care programs, diagnostic testing, vaccination administration, and health and wellness merchandise. CVS Health reported approximately 9,000 retail pharmacy locations and more than 1,000 walk-in medical clinics as of December 31, 2025.
The property is within the Lansing-East Lansing, Michigan Metropolitan Statistical Area, which has a population of 471,165 and an economy supported by government, healthcare, education, and manufacturing.
The Pharmacy & Consumer Wellness segment includes retail prescription dispensing, infusion services, pharmacy patient-care programs, diagnostic testing, vaccination administration, and health and wellness merchandise. CVS Health reported approximately 9,000 retail pharmacy locations and more than 1,000 walk-in medical clinics as of December 31, 2025.
The property is within the Lansing-East Lansing, Michigan Metropolitan Statistical Area, which has a population of 471,165 and an economy supported by government, healthcare, education, and manufacturing.
Key Highlights
- CVS Health Corporation is the lease guarantor
- S&P rating of BBB for CVS Health Corporation
- CVS Health operates approximately 9,000 retail pharmacy locations
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
576
Businesses Nearby
99k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 43%
Apparel 1%
McDonald's
Dining
25,238 visits/mo
0.2 miles
Taco Bell
Dining
16,095 visits/mo
0.3 miles
Quality Dairy
Shops & Services
15,804 visits/mo
0.3 miles
Kroger Fuel Center
Shops & Services
12,133 visits/mo
0.5 miles
Burger King
Dining
11,020 visits/mo
0.4 miles
Demographics for 48842, MI
21,548
Population
9,573
Households
2.3
Avg Household Size
40
Median Age
39%
College-Educated
93%
High-School Grad
17.2 sq mi
ZIP Area
1,253
Density / Sq Mi
$86,830
Median Household Income
$50,275
Median Earnings
$1,245
Median Rent
$211,500
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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- CVS Pharmacy — 2240 Cedar St, Holt, MI 48842
Frequently Asked Questions
What type of property is this?
Drug store - Pharmacy asset supported by a CVS Health Corporation lease guaranty.
Where is this drug store located?
The property is located at 2240 North Cedar Street Holt, MI.
What is the asking price?
The asking price for this property is $3,260,741.
What are key features of this property?
This property features: CVS Health Corporation is the lease guarantor; S&P rating of BBB for CVS Health Corporation; CVS Health operates approximately 9,000 retail pharmacy locations
