42481 W 13 Mile Rd
Novi, MI 48377
Former Rite Aid · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 5+ Years Remaining with Increases Beginning in Each Option Period
- Classified Nationally as an Essential Business, 12% Year-Over-Year Increase in Revenue
- Serving Over 164,500 Residents in Affluent Detroit Suburb
- Corporate Guaranty (NYSE: RAD), Fortune 500 Company with 2,464 Locations
- All-Brick Construction with a Drive-Thru, Limited Landlord Responsibilities
- Average Household Income Exceeds $110,000 within a 1-Mile Radius, $105,800 within 3 Miles, and $122,700 within 5 Miles
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
11,180 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.27 AC
Zoning
R-A
Parking
55 Spaces (4.91 Spaces per 1,000 SF Leased)
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 22-11-126-004 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $536,120 |
