Property summary
This exceptional investment opportunity presents a 12,727 square foot Walgreens located at 25015 Little Mack Ave, St. Clair Shores, MI 48080. The property is offered at $7,970,000, boasting a 5.77% cap rate and a substantial net operating income (NOI) of $460,267. The property operates under a triple-net (NNN) lease, meaning the tenant is responsible for all operating expenses, minimizing landlord responsibilities. The lease features a corporate guarantee from Walgreens, providing… significant credit strength and security. The current lease term commenced September 1, 2021, and expires September 30, 2033, leaving approximately 8.9 years remaining. The lease includes twelve, five-year renewal options, with built-in rent bumps of 5% in year 3 and year 8, and during option periods, ensuring consistent income growth. This single-tenant retail property is classified as a convenience store, grocery store, and pharmacy/drug store, benefiting from Walgreens' established brand recognition and consistent customer traffic. The property's price per square foot is $626.23. This investment offers a secure, long-term income stream backed by a highly reputable tenant in a desirable retail location. The assumable CMBS loan further enhances the investment's appeal. This is a rare opportunity to acquire a stable, high-performing retail asset with significant upside potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2022
Value estimate
· Nov 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 14,456 SF
- Lot area
- 1.34 ac
- Year built
- 2004
- Stories
- 1
- APN
- 09-14-28-228-058
- Zoning
- B-2
- Assessed value · 2023
- $999,000
- Annual tax · 2022
- $59,914
- Medical Building
- Commercial (general)
- Retail Stores · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
B-2 Community Business Districts are intended to provide locations for a diversified range of businesses that primarily serve the comparison shopping and service needs of adjacent and surrounding neighborhoods
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
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- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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