Listing Agency: Pilot Property Group - Residential LLC b***@pilotpg.com Show Phone

Listed By: Boyd C. Kraft · License #6506047213 Show Phone

Source: Exprealty

Added: Mar 23 Changed: Jul 27 Last Checked: Jul 31 at 7:13PM

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Investment Insights

Based on property information with market context.

This is a redeveloped retail space formerly associated with Rite Aid, now positioned to join Sheena’s Fuel Station & Convenience Store. The listing presents the opportunity for an incoming tenant to operate from a property that has already been reconfigured for retail use.

The property is located on a busy corner just south of downtown Romeo, at 66998 Van Dyke Rd in Washington Township, MI.

The offering is presented as a leasing opportunity with the current tenant mix tied to the adjacent fuel and convenience use.

Key Highlights

• Redeveloped Rite Aid retail opportunity
• Adjacent to Sheena’s Fuel Station & Convenience Store
• On a busy corner just south of downtown Romeo

Property Analytics

Current Use

Rite Aid Pharmacy Western Union Bank Raymond G. Stier, ... Pharmacy higi Physician Rite Aid Pharmacy Pharmacy

Suggested Use

Top Pick Law Firm Storage Facility Furniture & Home Goods Grocery & Convenience Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) 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.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

237

Businesses Nearby

65k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 65% Shops & Services 27% Home Improvements & Furnishings 8%

McDonald's Dining

19,343 visits/mo 0.3 miles

Culver's Dining

13,260 visits/mo 0.4 miles

Wendy's Dining

9,275 visits/mo 0.2 miles

Family Farm & Home Home Improvements & Furnishings

5,295 visits/mo 0.5 miles

Dollar General Shops & Services

4,982 visits/mo 0.5 miles

Demographics for 48095, MI

5,585

Population

2,086

Households

2.7

Avg Household Size

45

Median Age

36%

College-Educated

97%

High-School Grad

17.0 sq mi

ZIP Area

329

Density / Sq Mi

$121,713

Median Household Income

$52,726

Median Earnings

$796

Median Rent

$393,200

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this drug stores located? What is the lease rate? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

• Rite Aid Pharmacy — 66998 Van Dyke Rd, Washington, MI 48095
• Kim B. Chronis, RPh — 66011 Van Dyke, Washington, MI 48095
• Raymond G. Stier, RPH — 66998 Van Dyke, Washington, MI 48095
• Stacey Mcdonough — 66011 Van Dyke Ave, Washington, MI 480952002
• Nebojsa Nikolovski — 66998 Van Dyke Ave, Washington Township, MI 480952001

Frequently Asked Questions

What type of property is this?

Drug store - Redeveloped retail opportunity adjacent to Sheena’s Fuel Station & Convenience Store on a busy corner south of downtown Romeo.

Where is this drug store located?

The property is located at 66998 Van Dyke Rd Washington Township, MI.

What is the lease rate?

The lease rate is $3,027/Mo.

What are key features of this property?

This property features: Redeveloped Rite Aid retail opportunity; Adjacent to Sheena’s Fuel Station & Convenience Store; On a busy corner just south of downtown Romeo