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|Last Updated Date||26 Jun 2020|
JLL is pleased to offer for sale a single-tenant Rite Aid Pharmacy in Detroit, Michigan. The asset benefits from a drive-thru pharmacy and strategic near corner positioning, just one block west of the Southfield Expressway. The lease features a corporate guaranty from Rite Aid Corporation, one of the leading health and well-being drugstores in the nation, serving approximately eight million customers per week. This property possesses strong real estate fundamentals and offers a high-yield investment opportunity from a leading, essential service oriented tenant within the Detroit MSA.
- Fee simple interest
- Essential service oriented tenancy with corporate guaranty
- Excellent visibility near primary intersection
- Full-service Rite Aid with drive-thru pharmacy
- NN lease with minimal landlord responsibilities