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    Cheboygan County, MI NNN Properties for Sale

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    Detroit, MI Grand Rapids, MI Kalamazoo, MI
    NNN Leased Walgreens with Drive-Thru
    Updated: Nov 21, 2025
    NNN Leased Walgreens with Drive-Thru

    991 S Main St, Cheboygan, MI 49721

    $3,662,000
    14,550 sqft
    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.
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    Free-Span Retail Fronting Wal-Mart Super Center
    Updated: Jun 16
    Free-Span Retail Fronting Wal-Mart Super Center

    11617 Straits Hwy, Cheboygan, MI 49721

    $850,000
    7,000 sqft
    7,000 SF retail space with massive free‑span construction and an open layout with no poles or barriers
    Fronts Wal‑Mart Super Center, the region’s largest anchor store
    37 dedicated, paved parking spaces for customer access
    Positioned as flexible for retail or potential medical/office uses, including options to subdivide
    Triple Net (NNN) lease options or full purchase opportunity available
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 2 Potential Opportunities for your consideration. Besides 2 Active listings in Cheboygan County, MI, we suggest exploring several alternatives:

    Cheboygan County, MI Nnn Properties Market Trends and Statistics

    Explore 2 nnn properties for sale in Cheboygan County, MI on our real estate platform. These investment opportunities span a total of 21,550 square feet of properties for sale, with an estimated market value of $4,512,000.

    Sale prices for triple net lease properties in Cheboygan County, MI start at $850,000, averaging $2,256,000, and reaching up to $3,662,000 — 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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