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Freestanding Rite Aid Drugstore
For Sale
Contact for pricing
Pending

32905 Fort Rd, Rockwood, MI 48173

Single-tenant pharmacy with a lease extending through July 2033 and rental increases during the term and options.

Property SizeContact for details
Days on Market143

Property Features for 32905 Fort Rd

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Pharma Property Group
Listed By: Jason Pongsrikul · License #CA 01918332
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:49PM

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 Pharma Property Group

Investment Insights

Based on property information with market context.

This freestanding drugstore contains 11,180 square feet and is occupied by Rite Aid, which has operated at the property for more than 15 years. The lease was extended by 5 years through July 2033, with rental increases scheduled during both the primary term and extension options.

The property is one block from Interstate 75, which carries 61,000 VPD and provides the primary route toward Detroit. It is also 3 miles south of the 2,900,000-square-foot Ford Flat Rock Assembly Plant, where more than 3,500 employees work. Within a 3-mile radius, the site is the only Rite Aid, Walgreens, or CVS location. Subway, Save-a-Lot, Dollar General, and Exxon are nearby national retailers.

Key Highlights

  • 11,180‑square‑foot freestanding drugstore occupied by Rite Aid
  • Lease extended by 5 years through July 2033
  • Rental increases apply during the primary term and extension options

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Big Box & Wholesale Store Restaurant Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

177
Businesses Nearby
44k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 85% Dining 8% Groceries 7%
Mobil Shops & Services
8,438 visits/mo 0.2 miles
Sunoco Shops & Services
8,276 visits/mo 0.4 miles
Dollar General Shops & Services
7,220 visits/mo 0.2 miles
Marathon Shops & Services
5,282 visits/mo 0.5 miles
7-Eleven Shops & Services
4,590 visits/mo 0.2 miles

Demographics for 48173, MI

13,443
Population
5,391
Households
2.5
Avg Household Size
42
Median Age
24%
College-Educated
94%
High-School Grad
11.9 sq mi
ZIP Area
1,130
Density / Sq Mi
$90,510
Median Household Income
$55,163
Median Earnings
$1,130
Median Rent
$232,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Rite Aid Pharmacy 32905 Ford St, Rockwood, MI 48173
  • Robin Burnstein 32905 Fort Rd, Rockwood, MI 481731112
  • Rockwood Pharmacy PC 32825 Fort Rd, Rockwood, MI 48173
  • Simple Sweet Clean 22855 Huron River Dr, Rockwood, MI 48173

Frequently Asked Questions

What type of property is this?
Drug store - Single-tenant pharmacy with a lease extending through July 2033 and rental increases during the term and options.
Where is this drug store located?
The property is located at 32905 Fort Rd Rockwood, MI.
What are key features of this property?
This property features: 11,180‑square‑foot freestanding drugstore occupied by Rite Aid; Lease extended by 5 years through July 2033; Rental increases apply during the primary term and extension options
(619) 297-0055 Call to check price and availability
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