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1570 E Pierson Rd
Flushing, MI 48433

REO | 18YR STNL Investment Grade Walgreens · Retail Property For Sale

Investment Highlights

  • REO ±15,120 SF investment grade Walgreens located in Flushing, MI
  • Recent lease extension with over 18 years of remaining lease term, stable store sales
  • Shadow-anchored by Kroger
  • BAA2/BBB | Best-in-Class pharmaceutical retailer
  • Long and successful operating history at this location (since 2001)
  • Drive-thru lane at lighted intersection

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
15,120 SF
Building Class
B
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.49 AC
Zoning
B-2 - General Business
Parking
70 Spaces (4.63 Spaces per 1,000 SF Leased)
Frontage
204 FT on East Pierson Road

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
55-36-531-016
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$626,900
  • Listing ID: 26525531

  • Date on Market: 8/31/2022

  • Last Updated:

  • Address: 1570 E Pierson Rd, Flushing, MI 48433

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