Receiver Sale: Former Rite Aid | Fremont, MI | 15.5K VPD

Highlights:

• Main Street Visibility: Positioned along Fremont’s primary commercial corridor with 15,500 vehicles per day, offering strong exposure and accessibility.
• Adaptable Floorplan: The 11,092 SF layout is highly flexible, suitable for a range of tenant uses including healthcare, retail, and service businesses.
• Established Retail Neighbors: Surrounded by national brands like McDonald’s, Taco Bell, and Walgreens, enhancing consumer draw and tenant synergy.
• Healthcare Anchor Nearby: Just two blocks from Corewell Health Gerber Hospital, a major medical provider for Newaygo County, supporting medical or wellness-oriented tenancy.
• Economic Stability & Growth: Fremont benefits from Gerber’s headquarters and a recent $75M expansion, reinforcing long-term employment and community investment.

Description:

Ri Marketplace Online Auction December 15th-17th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2888/receiver-sale-former-rite-aid-fremont-mi-15.5k-vpd?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2888

Jones Lang Lasalle Americas, Inc. (“JLL”), in conjunction with RI Marketplace is pleased to present for sale the former Rite Aid Pharmacy in Fremont, MI (the “Property” or “Asset”). The Property comprises 11,092 of rentable space situated on 1.85 acres of land. Located on Main Street with optimal exposure to more than 15,000 VPD, the Asset provides investors with a unique redevelopment opportunity. Alternatively, the space’s ideal open floorplan benefits from its fungibility which can be utilized by numerous tenant concepts including hardware stores, discount stores, healthcare providers, and more. The adjacent corridor boasts a retail landscape of nationally recognized brands such as McDonald’s, Taco Bell, Walgreen’s, and more. Corewell Health Gerber Hospital is located just two blocks east of the site and serves all of Newaygo County with a wide range of patient services.

Located in Newaygo County along the Muskegon River is the city of Fremont, MI. Home to more than 4,000 residents, Fremont is best known as the home of baby food manufacturer Gerber. Gerber’s presence anchors the local economy, serving as the largest employer in the community. The headquarter facility recently completed a $75 million expansion and renovation, expanding Gerber’s operations and creating new job opportunities. Following Nestle’s acquisition of Gerber in 2017, the Nestle Research and Development Center opened in Fremont and serves as a testament to the business’s ongoing commitment to the city of Fremont.

This opportunity presents investors with a rare opportunity to capitalize on a low-basis asset with tremendous upside in an economically stabile community

The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

Documents: