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    Cheboygan County, MI NNN Properties for Sale

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    Detroit, MI Jackson, MI Kalamazoo, MI
    NNN Leased Walgreens with Drive-Thru
    $3,855,000
    14,550 SF

    NNN Leased Walgreens with Drive-Thru

    991 S Main St, Cheboygan, MI 49721

    Long-term NNN leased Walgreens near McLaren Northern Michigan medical center.

    • Long‑term NNN lease to Walgreens Corporate guaranteed through February 2032, providing stable income.
    • High visibility location at a signalized intersection on Main Street (M‑27), a primary commercial corridor with 13k+ VPD.
    • High 9.50% Cap Rate.
    • Located near McLaren Northern Michigan medical center and across from Cheboygan County Courthouse, attracting consistent traffic.
    • No CVS Pharmacy, Rite Aid or other Walgreens competition within a 30‑mile radius.
    Updated: Nov 21, 2025
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    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Cheboygan County, MI, we suggest exploring several alternatives:

    Cheboygan County, MI Nnn Properties Investment Opportunities Market Analysis

    Explore 1 nnn properties for sale in Cheboygan County, MI on our real estate platform. These investment opportunities span a total of 14,550 square feet of properties for sale, with an estimated market value of $3,855,000.

    Sale prices for triple net lease properties in Cheboygan County, MI start at $3,855,000, averaging $3,855,000, and reaching up to $3,855,000 — 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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