Rochester Hills Retail for Sale - Rochester

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Walgreens property located within the Detroit MSA in Rochester Hills, Michigan. Walgreens has been successfully operating at this location since 2005 and recently extended the lease through July 2035, demonstrating commitment. Walgreens has nine 5-year renewal options remaining. The lease is absolute triple net and features no landlord responsibilities. The 14,820 square-foot building is positioned at a signalized intersection with 52,000 vehicles per day, enhanced by its proximity to State Highway 59 (103,000 VPD). The surrounding affluent community boasts an average household income exceeding $150,000, with a population of 185,000 within a five-mile radius. The property is minutes from major employers, including Stellantis North America (Headquarters), Volkswagen Group, FANUC America, and BorgWarner. It is also less than five miles from Oakland University (15,000 students) and Oakland Community College (13,000 students). Nearby retailers include Target, Meijer, Lowe’s, Walmart, Kroger, Tractor Supply Company, Kohl’s, Petco, T.J. Maxx, Bath & Body Works, Old Navy, and Harbor Freight. Walgreens is a leading American retail pharmacy chain founded in 1901 by Charles R. Walgreen in Chicago, Illinois, where it continues to maintain its headquarters. Operating nearly 8,500 stores across the United States, Walgreens serves approximately 9 million customers and patients daily, offering prescription medications, health and wellness products, and general merchandise. The company has a storied history of nearly 125 years, evolving from a single drugstore to a cornerstone of American healthcare and retail. On August 28, 2025, Walgreens Boots Alliance, Inc. was acquired by New York-based private equity firm Sycamore Partners in a $10 billion deal.

Property Subtype:

Drug Store

Date on Market:

2025-09-17

Grandville Retail for Sale - Southwestern Grand Rapids

The CBRE Net Lease Property Group is pleased to offer for sale the 9,680-square-foot Cracker Barrel Old Country Store positioned on 3.60 acres in Grandville, Michigan — part of the Grand Rapids-Wyoming-Kentwood, MI MSA (MSA Population: 1.17M+). Cracker Barrel's absolute NNN lease features ±14.6 years of primary term remaining with 1% annual rent increases throughout the remainder of the term and in each of the ten, 5-year renewal options (six fixed renewal terms, followed by four FMV renewal terms).

Property Subtype:

Restaurant

Date on Market:

2025-09-16

Ann Arbor Retail for Sale - Washtenaw W of 23

• Exceptional investment opportunity at $2,700,000 • Investment-grade, long-term tenant with Bank of America’s corporate guarantee • Single-tenant asset in Ann Arbor’s Southside • Irreplaceable location in supply-constrained market (Ann Arbor has traditionally maintained a restrictive stance toward new drive-through development) Confidentiality Agreement: https://oxfordcompanies.com/395-ca/

Property Subtype:

Bank

Date on Market:

2025-09-16

Owosso Retail for Sale

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Property Subtype:

Drug Store

Date on Market:

2025-09-16

Alpena Retail for Sale

-Excellent opportunity with reliable cap rate. -2022 Construction, 100% occupied by Starbucks and WellNow Urgent Care. Both tenants are operating on ten-year, corporate guaranteed 10 year leases through 2032. -Property is surrounded by national retail chains in a high visibility area with 23,400 residents located within 10 miles, and an estimated 17,000 cars per day passing by on M-32.

Date on Market:

2025-09-05

Grandville Office for Sale - Southwestern Grand Rapids

An excellent opportunity to acquire a 16,032 SF multi-tenant office building situated on 1.17 acres in the thriving Grandville market. This well-maintained property offers a versatile layout designed to accommodate multiple tenants, providing both stability and income potential for investors or an ideal headquarters location for an owner-user. The building features a combination of private offices, open work areas, and common spaces, making it adaptable for a variety of professional services and businesses. On-site parking ensures convenience for tenants and visitors alike. Located on Canal Avenue SW, the property is easily accessible from 28th Street, Ivanrest Avenue, and I-196, offering strong visibility and connectivity to the broader Grand Rapids metro area. The surrounding neighborhood is home to a healthy mix of residential, retail, and commercial activity, providing a steady tenant base.

Date on Market:

2025-09-04

Manitou Beach Retail for Sale - Lenawee County

Fortis Net Lease is pleased to present this 2025 BTS 9,100 SF. Dollar General store located in Manitou Beach, Michigan. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rental rate 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 completed construction and successfully opened for business in August 2025. This Dollar General is highly visible as it is strategically positioned on the corner of Main Street & Manitou Road. This is the only dollar store serving the community! The 10 mile population from the site is 34,332 and the 3 mile average household income is $95,717 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 dollar store. List price reflects a 6.80% cap rate based on NOI of $131,656.

Property Subtype:

Convenience

Date on Market:

2025-08-20

Jackson Retail for Sale - Jackson County

Net Lease is pleased to present this 2025 BTS 10,640 SF. Dollar General Plus store located in Jackson, Michigan. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rental rate 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 completed construction and successfully opened for business in July 2025! This Dollar General is highly visible as it is strategically positioned on the corner of Eastland Street & Michigan Avenue which sees 3,639 cars per day. This is the only dollar store serving the community! The 5 mile population from the site is 29,969 and the 1 mile average household income is $84,775 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 dollar store. List price reflects a 6.75% cap rate based on NOI of $147,640.

Property Subtype:

Convenience

Date on Market:

2025-08-20

Grand Rapids Industrial for Sale - S Grand Rapids/Kentwood

Over the past two years, I have improved the rents and replaced several Tenants. This project is now stabilized and will be easy to manage. I offer my continued assistance for the future. Fully Occupied AND Seller Finance Terms The owner would be willing to Seller-Finance with a strong buyer and adequate terms. Approximate Terms: Purchase Price: $1,400,000 Down Payment: $280,000 (20%) Seller Financing: Balance of $1,120,000 carried by Seller Interest Rate: 6.00% (amortized over 300 months) Balloon Payment: 5 years (60 months) Payment: $7,216.18 Cash Flow after debit service: $40,524

Property Subtype:

Service

Date on Market:

2025-08-15

Roseville Industrial for Sale - Macomb East

22,276-SF building on 1.32 acres with fee simple ownership—providing long-term control and redevelopment potential.

Property Subtype:

Warehouse

Date on Market:

2025-08-12

Cedar Springs Retail for Sale - Outlying Kent County

NNN Pro is pleased to present the exclusive listing for a Burger King located at 4065 17 Mile Rd NE, Cedar Springs, MI 49319. The site consists of roughly 2,860 rentable square feet of building space on an estimated 1.63-acre parcel of land. This Burger King is subject to a 20-year Triple Net (NNN) lease, which commenced 8/30/2024. The current annual rent is $157,907 and has scheduled increases of 2.00% annually starting year 5.

Property Subtype:

Fast Food

Date on Market:

2025-08-05

Roseville Retail for Sale - Macomb East

Single Tenant Absolute NNN lease Applebee's for Sale.

Property Subtype:

Restaurant

Date on Market:

2025-08-05

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

Burton Portfolio of properties for Sale - Flint

• The offering spans across 9 parcels located in Burton and Flint Michigan and totals 21.49 acres • The tenant has over 4 years of firm term remaining with 2 (5-year) options to extend • The lease features 2% annual rental increases throughout the initial term and option periods, providing a hedge against inflation for a future investor • The lease is signed by Heritage Landscape Supply which operates 220+ branches across 36 states and is a wholly owned subsidiary of SRS Distribution • In 2024, SRS Distribution was acquired by The Home Depot for approximately$18.25 billion (see page 27 for more details).

Date on Market:

2025-07-28

Gaylord Retail for Sale

Fortis Net Lease is pleased to present this 2025 BTS 10,640 SF. Dollar General Plus store located in Gaylord, Michigan. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rental rate 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 is currently under construction with opening & rent start on track for August 2025. This Dollar General is highly visible as it is strategically positioned off of Old US Highway 27 S in a limited competition area with the next dollar store over 7 miles away. The 10 mile population from the site is 14,950 and the 3 mile average household income is $72,196 per year, making this location ideal for a Dollar General. This is a high growth area with the 3 mile population growth rate at 9.16%! 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 dollar store. List price reflects a 6.70% cap rate based on NOI of $154,335.

Property Subtype:

Convenience

Date on Market:

2025-07-11

Livonia Retail for Sale - Southern I-275 Corridor

Surmount is pleased to present the exclusive listing for a Red Lobster located at 29980 Plymouth Road, Livonia, MI 48150. The site consists of roughly 8,141 rentable square feet of building space on an estimated 1.94-acre parcel of land. This Red Lobster is subject to a --year Triple Net (NNN) lease, which commenced -. The current annual rent is $195,153 and has scheduled increases of 2.00% annually.

Property Subtype:

Restaurant

Date on Market:

2025-07-11

Holt Industrial for Sale - Southern Lansing

Colliers is pleased to offer for investment sale this 219,877 SF fully leased auto parts distribution center located at 4147 Keller Rd, Holt, MI. This high-quality industrial asset sits on 21.97 acres and presents a compelling opportunity to acquire a fully stabilized, single-tenant, net leased investment with strong cash flow and long-term income security. The entire facility is leased to Rush Group Limited (d/b/a Dakkota Automotive Systems), an automotive tenant with 15+ year historical occupancy, under a net lease generating an annual net operating income (NOI) of $1,429,200. The lease includes 3% annual rent escalations starting November 1, 2026, and extends through October 31, 2028, with two additional five-year renewal options, providing investors with predictable income and future upside. The property is being offered at an attractive 8.50% capitalization rate based on the current NOI, resulting in an asking price of $16,800,000. This offering provides investors with immediate yield backed by a strong tenant in a growing submarket with long-term potential. Holt is strategically located within the Lansing MSA, just 90 miles from Detroit and 220 miles from Chicago. The site benefits from proximity to major population centers and a labor pool of over 194,000 within a 7-mile radius. The Lansing industrial market has a current vacancy rate of 2.8%, with average asking rents of $6.94/SF NNN (per CoStar). This is a rare opportunity to acquire a stabilized industrial investment with strong in-place income, annual rent growth, and a strategic Midwestern location with modern infrastructure. Please contact a member of the team for additional information.

Property Subtype:

Distribution

Date on Market:

2025-07-10

Grand Rapids Retail for Sale - Comstock/Alpine

Property Subtype:

Storefront

Date on Market:

2025-07-08

West Bloomfield Office for Sale - Bloomfield West

Date on Market:

2025-07-08

Bloomfield Township Office for Sale - Birmingham

Date on Market:

2025-07-08

Kalamazoo Office for Sale - NE Kalamazoo County

WellNow Urgent Care +/- 8,000 SF fee simple condo.

Property Subtype:

Medical

Date on Market:

2025-06-30

East Lansing Office for Sale

Triple Net Investment Group is proud to present 1350 East Lake Lansing Road| East Lansing, Michigan (1.32 AC ). Investment Parcel is 8,791 SF building built in 1980, Roof was recently replaced (2020) with a 15 year warranty, parking lot was also replaced (2020). Property is 100% leased with no vacancy issues, its generating Strong Income with recession proof tenants. Tenants are long term and have exercised previous options in the past. Leases have built in rental increases to hedge against inflation and each tenant is metered separately for Utilities. Additional Development Parcel available for sale and has the right to develop - 6,600 SF office building for future income possibilities. Location is in close proximity to Carriage Hills Shopping Center, Michigan State University, I-69 and I-127.

Property Subtype:

Medical

Date on Market:

2025-06-24

Mt Pleasant Retail for Sale

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Property Subtype:

Freestanding

Date on Market:

2025-06-16