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Alma, MI NNN Properties for Sale

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Drive-Through Retail Pharmacy Building
Updated: May 24, 2024
Drive-Through Retail Pharmacy Building

1420 Wright Avenue, Alma, MI 48801

$3,300,000
14,820 sqft 1.89 AC lot
Almost 15,000 SF commercial building previously used as a national chain drug store
Transferrable NNN lease in place for the remaining 8 years of a 25‑year term, ending in 2032
Drive‑through area with pharmacy‑style setup for retail, medical, or service use
Fire suppression system installed and Bosch commercial alarm/burglar protection system
ADA compliant bathrooms, doors, and main level entrances
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Alma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

High-Traffic Gerber Collision Investment
High-Traffic Gerber Collision Investment

3588 Tittabawassee Road, Saginaw, MI 48604

$3,969,000
16,500 sqft 3.38 AC lot

New construction NNN lease with rental increases and options.

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Dollar General NNN Investment Property
Dollar General NNN Investment Property

10600 East Rd, Burt, MI 48417

$1,285,457
9,026 sqft

NNN Dollar General in Burt, MI with 15-year lease.

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NNN Dollar General Investment Property
NNN Dollar General Investment Property

10600 E Rd, Burt, MI 48417

$1,285,457
9,026 sqft

NNN Dollar General in Burt, MI with long-term lease.

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Profitable Investment Property For Sale
Profitable Investment Property For Sale

6270 STATE St, SaginawCharterTownship_, Saginaw, MI 48603

$450,000
0.90 AC lot

Fully leased commercial property in Saginaw Township, guaranteed income.

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Alma, MI Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Alma, MI on our real estate platform. These investment opportunities span a total of 14,820 square feet of properties for sale, with an estimated market value of $3,300,000.

Sale prices for triple net lease properties in Alma, MI start at $3,300,000, averaging $3,300,000, and reaching up to $3,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 13K
Population Growth (5Y) +5.6%
Median Household Income $57,449
College Educated 19.2%

Taxes & Financing

Tax Rate (average for all types) 4.53%
Tax Rate vs County Average 0.57 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Gratiot County

New Delisted

Total CRE Inventory on Market (SF)

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