Macomb Township Retail for Sale - Macomb East

PRICE REDUCED AGAIN - Motivated Seller - Submit All Offers - This offering presents the opportunity to acquire a premier Walgreens-occupied retail asset strategically located in Macomb County, Michigan. The property features a freestanding, purpose-built Walgreens pharmacy with a drive-thru, situated on a high-visibility, signalized corner with strong traffic counts and excellent ingress/egress. The store benefits from dense surrounding residential development, nearby schools, and a robust retail trade area with national tenants. The Walgreens is operated under a long-term, absolute net lease (NNN), with zero landlord responsibilities. The property features durable construction and high-quality Walgreens prototype design, ensuring long-term functionality and minimal capital expenditure risk for ownership. Located in a densely populated suburban area just north of Detroit, the site sees strong daily traffic volumes and benefits from proximity to established residential neighborhoods, schools, and major retail centers. Macomb County continues to demonstrate stable economic growth, rising property values, and ongoing infrastructure investment, reinforcing the strength of the tenant’s location selection. In July 2025, Walgreens Boots Alliance’s U.S. was acquired by Sycamore Partners, a New York-based private equity firm specializing in consumer and retail investments. The acquisition includes over 8,000 Walgreens retail pharmacy locations across the United States. This move is part of Walgreens’ larger restructuring strategy to streamline operations and refocus on its core retail pharmacy business. Under Sycamore’s stewardship, Walgreens is expected to benefit from enhanced capital support and operational discipline, with no disruption to its store-level operations. Leases, staffing, and customer service are expected to remain unchanged at the store level. Sycamore has a strong track record of investing in and growing major retail platforms, including Staples, Belk, and The Limited. This corporate event underscores the long-term viability of the Walgreens brand and enhances the investment profile of single-tenant assets under its banner.

Property Subtype:

Drug Store

Date on Market:

2025-08-03

Chesterfield Retail for Sale - Macomb East

Surmount is pleased to present the exclusive listing for a Morning Belle & Blue Porch Bar & Grill located at 45225 Marketplace Blvd, Chesterfield, MI 48051. The site consists of roughly 7,317 rentable square feet of building space on an estimated 2.45-acre parcel of land. This Morning Belle & Blue Porch Bar & Grill is subject to a 15-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $150,000 and has scheduled increases of lesser of change in CPI and 1.50% annually.

Property Subtype:

Restaurant

Date on Market:

2025-07-30

Imlay City Retail for Sale - St Clair & Lapeer Counties

Fortis Net Lease is pleased to present this 2021 BTS, 10,640 SF. Upgraded All Brick Dollar General PLUS SIZE store located in Imlay City, Michigan. The property offers a Fifteen (15) Year Absolute NNN Lease, leaving zero landlord responsibilities. The lease contains 5% rent increases every 5 years including at each of the 5 (5 Year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store has been open and operating successfully since October 2021. This Dollar General is highly visible as it is strategically positioned on N Cedar Street which sees 18,290 cars per day, just off of Old M-21 which sees 7,142 cars per day. It is adjacent to a Marathon gas station. The ten mile population from the site is 36,007 while the three mile average household income is $67,811 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top small box retailer. List price reflects a 6.90% cap rate based on NOI of $108,258.

Property Subtype:

Freestanding

Date on Market:

2025-04-04

Shelby Township Office for Sale - Macomb West

Heartland Dental operates as a dental practice management organization with headquarters in Effingham, Illinois. It provides support through continuing education; and management services, such as staffing, human relations, purchasing, administration, financial, marketing and information technology support. Heartland Dental is focused on positively impacting dentistry with the goal of offering dentists the freedom to focus on their craft. This culture is sustained with continuing education and ongoing leadership development at all levels of the organization. Heartland Dental has expanded to over 20,000 team members in over 1,800 supported office with over 2,400 supported doctors across 38 states. They are able to differentiate themselves from competition to become what they are today. They provide dentists, hygienists, and non-clinical team members with world-class non-clinical administrative and operational support to help them achieve sustainable professional and financial growth. Located in west Macomb County, 20 miles north of Detroit and eight miles west of Anchor Bay, Shelby Township is home to roughly 75,000 residents. The township is home to 1,200 acres of parks, the 4,000-acre Stony Creek Metropark, and the Macomb Orchard Trail, a 24-mile hiking and biking path. Shelby Township is also home to several vibrant business districts that offer different options for commercial and industrial development with easy access to the township’s first-rate infrastructure as well as its affluent residential neighborhoods.

Property Subtype:

Medical

Date on Market:

2025-03-06

Shelby Township Sports & Entertainment for Sale - Macomb West

23,205 square feet available for Owner User/ Investor Building Size: 43,000 sf Brick Block Building, 16,000 sf Brick Block Building, 23,205 sf Light weight gauge fabric building, 2220 sf Lobby Brick Block Building. Full restaurant and bar adjacent to outdoor volley ball pits. In addition a banquet room for events on site or 3 rd party rental on 7.66 acres. Additional Land available for expansion of another dome or brick block building. Mound Rd 1.04 acres frontage as shown on the exhibit 110’ x 412’ Zoned Commercial for sale to a user/ developer. Zoned C 4 will permit gas stations, auto repair facilities and car washes subject to special use permit is available for additional development asking price $975,000 massing plans upon request. Merrill Rd 2.07 acres frontage as shown on the exhibit 182’ x 489 ’ to be retained by the Seller for future development with access across the subject property. Zoned Light Industrial asking price $425,000 massing plans upon request. Seller will consider a sale of this land with the Sports Plex adjacent to the outdoor volley ball area for expansion or/and for future training facilities, flex industrial spaces. Sport Plex includes basketball/ indoor volley ball courts, baseball training, personal fitness gym, soccer, lacrosse fields updated in the past 2 years including but not limited to interior improvements, mechanical, electrical, plumbing, finishes, parking lot and outdoor volley ball courts including a full service bar restaurant adjacent to outdoor volley ball courts. Additional room for sport banquets. Commercial Use: Warehouse/Industrial/Research and Development/Flex Space/ Commercial. Year Built: 1974 Completely remodeled 2021 with all new mechanical, plumbing, electrical, parking lot interior exterior improvements and improvements. Building Construction: Brick Block, Structural Steel, Metal Roof, Fabric with Structural Steel Framing. Lease: 10 year term sign at closing with 2-5 yr options 3% increases yearly throughout the initial term. Base Rent begins at $634,000 a year. The Lease is absolute NNN lease with no Landlord responsibility with the exception of the exterior building structure, roof on the brick block buildings.

Property Subtype:

Amusement Park

Date on Market:

2024-12-02

Oxford Retail for Sale - St Clair & Lapeer Counties

53 S. Washington, location in the heart of Downtown Oxfords' main downtown shopping district. Located directly across from the Oxford bank and trust and the Oxford movie theater. The building consists of over 5000sf of completely renovated space. It offers a desirable private parking lot, consisting of over 20 parking spaces for exclusive use. The building is home to two tenants, M.J. Electric and Choice Therapeutics. The building has 4 rooftop HVAC units, 3 of the 4 are new within the past three years. The building is in overall great shape and a staple location to Oxford!! M.J. Electric occupies 3,339sf, while Choice Therapeutics occupies 1,665sf. M.J. Electric, a nationwide electrical contracting company, headquarters in Texas has a long history in Michigan. They recently added 53 S. Washington to their already large presence in Oxford, to serve as their central office location. Choice Therapeutics also has a long history serving the Oxford community. M.J. Electric has a 5 year corporate backed lease remaining. They have renovated and added offices to the space since they have relocated to 53 S. Washington. Their leases are NNN leases, where landlord collects an estimated amount ($1,655.23/month) based on the prior year's actual expenses, then is reconciled at year end. The annual base rent increases at a rate of 3% yearly. Choice Therapeutics also has a 5 year, personally guaranteed lease remaining. They relocated to their current location the beginning of 2024. Their lease is also a NNN lease, where landlord collects an estimated amount ($636.86/month) based on the prior year's actual expenses, then it is reconciled at year end. The annual base rent increases at a rate of 3% yearly. Choice Therapeutics and M.J. Electric are wonderful tenants and are a pleasure to work with! Monthly they direct deposit their rent and NNN payment on autopay by, if not before the 1st of the month. Please feel free to reach out via text/call to obtain more information or to present an offer. 248-722-4952. Please do not disturb the tenants! They are aware of the potential sale, but they are running their businesses. $1,399,000

Property Subtype:

Storefront

Date on Market:

2024-10-14

Peck Retail for Sale

Corporate Guaranty; S&P Investment Grade Credit "BBB"

Property Subtype:

Freestanding

Date on Market:

2025-08-25

Clinton Township Retail for Sale - Macomb East

Property Subtype:

Freestanding

Date on Market:

2024-12-20