13545 Eureka Rd Southgate, MI 48195-1334

Property Details for 13545 Eureka Rd

Year built

1999

Lot size

1.17 lot acres

Property size

11,038 SF

Zone code

C-2 GEN BUS

Property type

Drug stores

APN

53 019 08 0001 000

APU

53019080001000

Description

This 10,972 square foot former CVS pharmacy and storefront is available for sale or lease in Southgate, Michigan. Located at 13545 Eureka Rd, 48195, this single-tenant building sits on a 0.73-acre lot and was built in 1998. The property boasts a prime location as an outparcel to a thriving shopping center, ranking in the top 98th percentile nationwide for foot traffic. Eureka Road sees over 29,000 vehicles daily, and the surrounding Fort Street/Eureka Road/Dix-Toledo Road corridor sees over 109,000 vehicles daily. The property benefits from a strong demographic profile, with over 205,000 residents within a 5-mile radius and an average household income exceeding $62,400 within 1 mile. The property is currently 100% occupied, although the lease term is 0 years. The asking price is $2,050,000, and the lease type is NNN. The property features a drive-thru and is surrounded by numerous national tenants, including 7-Eleven, Chili's, Taco Bell, Buffalo Wild Wings, Logan's Roadhouse, Little Caesars, and Arby's. No credit rating is available for the tenant. This is a fantastic opportunity for investors or businesses seeking a high-traffic retail location in a densely populated area.

Location Insight

City

Southgate

County

Wayne

State

Michigan

Longitude

-83.1901

Latitude

42.1972

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments