Rite Aid (Absolute NNN)
11801 N Saginaw Street, Mount Morris, MI
For Sale
Retail
Free Standing
$2,386,100
Price
11,440 sqft
Building Size
1.32 acres
Lot Area
Overview
Building Size
11,440 sqft
Lot Area
1.32 acres
Occupancy
100%
Year Built
2000
Description
Absolute NNN Rite Aid store is conveniently located in a central part of town and is an investment opportunity for those who are looking for corporate guaranteed long-term leases.
Mount Morris | Michigan
Highlights
- 10% CAP | RARE CVS CORPORATE GUARANTEE
- SINGLE-TENANT ABSOLUTE NNN | 8 (5) YEAR OPTIONS
- BUILT IN 2000
- 11,440 SF BUILDING | 1.32 ACRES
- 60 SURFACE PARKING SPOTS
- CORNER OF N SAGINAW AND W MT MORRIS ST
- N SAGINAW STREET 9,000 VPD
- W MT. MORRIS STREET 6,000 VPD
- CLOSE PROXIMITY TO DEVELOPED SUBDIVISIONS
- $54K AVERAGE HOUSEHOLD INCOME IN 5-MILE RADIUS