Single-Tenant CVS Retail
35 North Walnut Street Mount Clemens, MI 48043
For Sale
Contact for pricing
Pending
Single-tenant CVS property in downtown Mount Clemens with adjacent metered public parking.
Days on Market105
Property Features for 35 North Walnut Street
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing Agency:
Pharma Property Group
(619) 297-0055
Listed By:
Jason Pongsrikul · License #CA 01918332
Source:
Crexi
Added: Apr 10
Changed: Jul 22
Last Checked: Jul 23 at 9:58AM
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 offering presents a single-tenant CVS retail store located in downtown Mount Clemens, Michigan. The initial lease term has approximately 9 years and 4 months remaining, with five (5) consecutive five-year options to follow. The next option begins in January 2028, and the lease provides for approximately 5% increases every five years during the option periods. The property is described as being delivered free and clear of debt.
The property is positioned in the heart of Mount Clemens downtown, about two blocks from the Macomb County services buildings and adjacent to metered public parking. It is surrounded by local retail shops and infill residential neighborhoods.
The asset is offered as a CVS pharmacy property for investors seeking a stabilized, single-tenant retail lease structure with defined option timing and scheduled rent increases.
The property is positioned in the heart of Mount Clemens downtown, about two blocks from the Macomb County services buildings and adjacent to metered public parking. It is surrounded by local retail shops and infill residential neighborhoods.
The asset is offered as a CVS pharmacy property for investors seeking a stabilized, single-tenant retail lease structure with defined option timing and scheduled rent increases.
Key Highlights
- Single‑tenant CVS in downtown Mount Clemens, Michigan
- Approximately 9 years 4 months remaining on the initial lease term plus five (5) five‑year options
- Next lease option begins January 2028
Property Analytics
Location Intelligence
Current Use by Public Records
Drug stores
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FAQs
What type of property is this?
Drug store - Single-tenant CVS property in downtown Mount Clemens with adjacent metered public parking.
Where is this drug store located?
The property is located at 35 North Walnut Street Mount Clemens, MI.
What are key features of this property?
This property features: Single‑tenant CVS in downtown Mount Clemens, Michigan; Approximately 9 years 4 months remaining on the initial lease term plus five (5) five‑year options; Next lease option begins January 2028
