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26000 Five Mile Rd
Redford Township, MI 48239
Walgreen's · Commerce de détail Propriété À vendre
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Faits saillants de l'investissement
- DENSE, ESTABLISHED SUBURBAN LOCATION - This Walgreens benefits from a dense residential population exceeding 280,000 within a five-mile radius
- STRONG COMMUTER & NEIGHBORHOOD TRAFFIC FLOWS - The 5 Mile corridor functions as a major suburban arterial linking residential neighborhoods
- ABSOLUTE NNN LEASE | STABLE, PASSIVE INCOME - Walgreens operates under an absolute NNN lease with no landlord responsibilities
- EXCELLENT CONNECTIVITY - Strategically positioned along 5 Mile Rd with immediate access to I-96 and Telegraph Rd
- COST-EFFICIENT OPERATIONS | SMALL-FORMAT PROTOTYPE - At 3,000 square feet, this store represents Walgreens’ smaller, high-efficiency prototype
Résumé de l'annonce
HIGH-DENSITY METRO DETROIT LOCATION | INNER-RING SUBURBAN CORRIDOR | ABSOLUTE NNN LEASE
TD Commercial Group is pleased to present for sale a Walgreens (Corporate) property located at 26000 5 Mile Rd, Redford, MI, within one of Metro Detroit’s most established suburban corridors. This absolute NNN lease offers investors stable, passive income backed by Walgreens’ long-term occupancy and proven performance in an infill, high-traffic suburban market.
Positioned directly on 5 Mile Rd with immediate access to both I-96 and Telegraph Rd (US-24), this property enjoys exceptional commuter visibility and connectivity to the surrounding submarkets of Southfield, Livonia, and Dearborn Heights. The store serves a densely populated trade area of more than 280,000 residents within five miles, supported by a balanced mix of middle-income and working-class households that drive consistent prescription and convenience spending.
At just 3,000 square feet, this store reflects Walgreens’ efficient, small-format prototype designed for urban and infill locations. The property’s cost-effective footprint and necessity-based retail orientation make it a highly resilient performer, insulated from broader retail volatility. The surrounding corridor features a complementary mix of daily-use retailers—including CVS, AutoZone, Shell, Subway, and McDonald’s—reinforcing strong traffic and customer loyalty.
TD Commercial Group is pleased to present for sale a Walgreens (Corporate) property located at 26000 5 Mile Rd, Redford, MI, within one of Metro Detroit’s most established suburban corridors. This absolute NNN lease offers investors stable, passive income backed by Walgreens’ long-term occupancy and proven performance in an infill, high-traffic suburban market.
Positioned directly on 5 Mile Rd with immediate access to both I-96 and Telegraph Rd (US-24), this property enjoys exceptional commuter visibility and connectivity to the surrounding submarkets of Southfield, Livonia, and Dearborn Heights. The store serves a densely populated trade area of more than 280,000 residents within five miles, supported by a balanced mix of middle-income and working-class households that drive consistent prescription and convenience spending.
At just 3,000 square feet, this store reflects Walgreens’ efficient, small-format prototype designed for urban and infill locations. The property’s cost-effective footprint and necessity-based retail orientation make it a highly resilient performer, insulated from broader retail volatility. The surrounding corridor features a complementary mix of daily-use retailers—including CVS, AutoZone, Shell, Subway, and McDonald’s—reinforcing strong traffic and customer loyalty.
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Condition de vente
1031 Échange
Type de propriété
Commerce de détail
Sous-type de propriété
Pharmacie
Taille du bâtiment
3 000 pi²
Classe d’immeuble
B
Année de construction/rénovation
1961/2022
Prix
1 333 712 $ CAD
Prix par pi²
444,57 $ CAD
Taux de capitalisation
7%
Revenu net d’exploitation
93 360 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,20
Taille du lot
0,34 AC
Zonage
C-2
Stationnement
28 places (9,33 places par 1 000 pi² loué)
Façade
147’ sur 5 Mile Rd
Commodités
- Système de sécurité
- Affichage
- Service au volant
- Climatisation
Impôts fonciers
| Numéro de lot | 79-020-02-0029-000 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 195 784 $ CAD |
Impôts fonciers
Numéro de lot
79-020-02-0029-000
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
195 784 $ CAD
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