Building Details

Building Size 11,082 SF

Year Built 1998

Year Renovated 2021

Listing Agency: Keystone Commercial Real Estate

Listed By: Gregory S. Newman

Source: Commercialcafe

Added: Mar 26 Changed: Sep 8 Last Checked: Sep 9 at 6:11AM

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Investment Insights

Based on property information with market context.

This 11,082 square foot retail building, formerly occupied by Rite Aid, is located in Durand, Michigan. The property features a drive-thru and an open layout. Its location is just off the freeway, offering prominent visibility and making it suitable for a range of retail businesses. The space can be leased to a single tenant or potentially split for multiple tenants.

Key Highlights

• Strategic location just off the freeway
• Equipped with a drive‑thru
• Large 11,082 SF space adaptable for single or multiple tenants

Property Analytics

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Current Use

Rite Aid Pharmacy Pharmacy Rite Aid Pharmacy Western Union Bank higi Physician Coinhub Bitcoin ATM ... Atm

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Restaurant Electrical Service Nail Salon Building Supply

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

172

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 48429, MI

8,445

Population

4,059

Households

2.1

Avg Household Size

45

Median Age

15%

College-Educated

91%

High-School Grad

53.2 sq mi

ZIP Area

159

Density / Sq Mi

$60,070

Median Household Income

$39,496

Median Earnings

$833

Median Rent

$151,600

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

Questions? Ask Rey

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What type of property is this? Where is this drug stores located? What is the asking price? Find similar properties What are key features of this property?

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Similar Off Market Nearby

• Rite Aid Pharmacy — 8531 Lansing Rd, Durand, MI 48429

Frequently Asked Questions

What type of property is this?

Drug store - Former Rite Aid retail space with drive-thru in Durand.

Where is this drug store located?

The property is located at 8531 Lansing Road Durand, MI.

What are key features of this property?

This property features: Strategic location just off the freeway; Equipped with a drive‑thru; Large 11,082 SF space adaptable for single or multiple tenants