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Walgreens 1001 E M-21 14,820 SF Retail Building Owosso, MI 48867 $5,565,533 CAD ($375.54 CAD/SF) 7.75% Cap Rate

Drug Stores Michigan Owosso 1001 E M-21, Owosso, MI 48867

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INVESTMENT HIGHLIGHTS

  • The property offers an Absolute NNN Lease with NO Landlord Obligations, making it an appealing investment opportunity
  • Boasting a 14,820 SF free-standing building constructed in 2008, the property currently maintains 100% occupancy
  • Corporate Guarantee - Backed by Walgreens Boots Alliance, a Fortune 500 Company with Over 8,500 Locations Nationwide
  • Situated in a prime retail location,the modern and well-maintained building provides immediate income potential and a long-term investment opportunity

EXECUTIVE SUMMARY

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ATTACHMENTS

Walgreens - Owosso_ MI - APEX OM

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2008
Price
$5,565,533 CAD
Price Per SF
$375.54 CAD
Cap Rate
7.75%
NOI
$431,339 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.77 AC
Zoning
B2 - Planned Shopping Center District

AMENITIES

  • 24 Hour Access
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Air Conditioning
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1001 E M-21, Owosso, MI - AERIAL map view - Image1
1001 E M-21, Owosso, MI - AERIAL map view - Image2
Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
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Transit Score® measures access to public transit.
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What is a Walk Score®
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Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Citizens Bank
Bob Evans Restaurants
McAlister's Deli
Huntington National Bank
Rent-A-Center
Biggby Coffee
Kroger
Fifth Third Bank
Premier Rental Purchase
CrossFit

PROPERTY TAXES

Parcel Number 007-18-400-018-01 Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $1,302,533 CAD

PROPERTY TAXES

Parcel Number
007-18-400-018-01
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,302,533 CAD
(248) 579-5045

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Sal Yaldo
    Sal Yaldo
  • Ayson Shammami
    Ayson Shammami

  • Listing ID: 37691772

  • Date on Market: 2025-09-16

  • Last Updated:

  • Address: 1001 E M-21, Owosso, MI 48867

The Retail Property at 1001 E M-21, Owosso, MI 48867 is currently available for Sale. Contact APEX Commercial Real Estate Advisors for more information.

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Walgreens | 1001 E M-21
(248) 579-5045 x

Walgreens | 1001 E M-21

Sal Yaldo
(248) 579-5045

Ayson Shammami
(248) 554-5709

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