8531 Lansing Rd, Durand, MI 48429
For Sale
1 / 6
This exceptional retail property in Durand, Michigan, presents a significant leasing opportunity. Located at 8531 Lansing Rd, 48429, this single-tenant building offers 11,082 square feet of well-maintained space. Formerly a Rite Aid pharmacy, the property boasts a convenient drive-thru, enhancing its appeal to a wide range of potential tenants. The building's strategic location just off the freeway ensures high visibility and accessibility, maximizing exposure to a substantial customer base. The open layout provides flexibility for various retail configurations, and the property's prominent positioning ensures strong customer attention. The 1.57 acres of land offer ample space for parking and potential future expansion. While currently configured for a single tenant, the space could potentially be subdivided to accommodate multiple businesses. This adaptable design and prime location make it an ideal choice for businesses seeking a high-traffic, easily accessible retail space in a thriving Michigan community. The property is ready for immediate occupancy and offers a unique chance to establish a successful retail presence in a desirable market. Interested parties are encouraged to inquire for further details and leasing options.
-
Rite Aid Pharmacy Pharmacy
-
Rite Aid Pharmacy
-
Western Union Bank Credit Union
-
higi Physician
-
Coinhub Bitcoin ATM Teller Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Durand, MIDurand. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.