CVS Pharmacy Drug
For Sale
Contact for pricing
Pending
2950 S Newburgh Rd, Wayne, MI 48184
Absolute NNN lease with dual roadway access at a signalized corner.
Property SizeContact for details
Days on Market140
Property Features for 2950 S Newburgh Rd
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Corner Location
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Acropolis Commercial Advisors LLC
Listed By:
Eric Wasserman · License #FL CQ1057427
Source:
Crexi
Added: Apr 13
Changed: Aug 29
Last Checked: Aug 29 at 3:33PM
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 Acropolis Commercial Advisors LLC
Investment Insights
Based on property information with market context.
This CVS pharmacy property is located at 2950 S Newburgh Rd in Wayne, Michigan. The asset operates under an absolute NNN lease guaranteed by CVS, with no landlord responsibilities identified in the lease structure. Two ingress and egress points serve the property from the intersecting roadways.
The site is approximately one-half mile from the Ford Michigan Assembly Plant and Wayne Stamping and Assembly Plant. Those facilities employ approximately 3,000 workers, occupy roughly 2 square miles, and include approximately 5 million square feet of factory floor space. The property is also surrounded by apartments, single-family homes, warehouses, manufacturing operations, logistics facilities, and other businesses. More than 79,000 residents live within a 3-mile radius. The pharmacy occupies a corner at a signalized intersection in a densely developed part of Wayne.
The site is approximately one-half mile from the Ford Michigan Assembly Plant and Wayne Stamping and Assembly Plant. Those facilities employ approximately 3,000 workers, occupy roughly 2 square miles, and include approximately 5 million square feet of factory floor space. The property is also surrounded by apartments, single-family homes, warehouses, manufacturing operations, logistics facilities, and other businesses. More than 79,000 residents live within a 3-mile radius. The pharmacy occupies a corner at a signalized intersection in a densely developed part of Wayne.
Key Highlights
- CVS‑guaranteed absolute NNN lease with zero landlord responsibilities
- Approximately one‑half mile from Ford Michigan Assembly Plant and Wayne Stamping and Assembly Plant
- Corner location at a signalized intersection
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 94%
Dining 6%
Dollar Tree
Shops & Services
10,843 visits/mo
0.1 miles
Dollar General
Shops & Services
6,556 visits/mo
0.1 miles
Mobil
Shops & Services
5,941 visits/mo
0.0 miles
Hungry Howie's Pizza
Dining
1,539 visits/mo
0.4 miles
Demographics for 48184, MI
17,776
Population
7,739
Households
2.3
Avg Household Size
40
Median Age
16%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
2,469
Density / Sq Mi
$54,572
Median Household Income
$36,548
Median Earnings
$924
Median Rent
$142,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- CVS — 2950 s newburgh rd, wayne, mi 48184
- Susan Fennelly — 2950 S Newburgh Rd, Wayne, MI 481841002
- Amway Products — 37187 Orchard Cir, Westland, MI 48186, United States
Frequently Asked Questions
What type of property is this?
Drug store - Absolute NNN lease with dual roadway access at a signalized corner.
Where is this drug store located?
The property is located at 2950 S Newburgh Rd Wayne, MI.
What are key features of this property?
This property features: CVS‑guaranteed absolute NNN lease with zero landlord responsibilities; Approximately one‑half mile from Ford Michigan Assembly Plant and Wayne Stamping and Assembly Plant; Corner location at a signalized intersection
