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Walgreens 29200 6 Mile Rd 13,905 SF Retail Building Livonia, MI 48152 $2,772,995 CAD ($199.42 CAD/SF) 7% Cap Rate

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INVESTMENT HIGHLIGHTS

Established Location with Long-Term Commitment: Walgreens has successfully operated at this location for 28 years
Spacious Site: The property features a 13,905 SF building situated on a 1.79-acre parcel
Excellent Accessibility: Benefits from four points of ingress and egress, ensuring smooth traffic flow and convenient customer access

Attractive Low Rent: Current rent is just $10 per square foot—less than half the national average for Walgreens
Prime Hard Corner Location: Positioned at the signalized intersection of Six Mile Road and Middlebelt Road—two major thoroughfares
Strong Demographics: Average household income within a 1-mile radius exceeds $100,388, and population within a 5-mile radius exceeds 234,651 people

EXECUTIVE SUMMARY

Established Location with Long-Term Commitment: Walgreens has successfully operated at this location for 28 years, demonstrating strong site performance and tenant commitment