
43 NORTH REALTY
Listed by 43 NORTH REALTY
$3,300,000
1420 Wright Ave
Details
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 14,820
Cap Rate 10.40%
Occupancy 100%
Tenancy Single
Lease Type NNN
Remaining Term 7
Price per SqFt $223
Zoning Commercial
Retail | 10.40% CAP | 14,820 SqFt
Marketing description
Seize this exceptional opportunity to establish your business in a versatile commercial property, previously home to a national chain drug store. This expansive almost 15,000 square foot building offers a blank slate for your vision, featuring a prime location on one of the busiest corners in Gratiot County. Key Features: -Established current lease: This property currently has a transferrable NNN lease for the remaining 8 years of a 25 year term, ending in 2032. - Drive-Through Pharmacy: Equipped with a convenient drive-through area, perfect for medical, retail, or service-oriented businesses. - Fire Suppression System: Fully installed fire suppression system ensures safety and compliance with local regulations. - ADA Compliant: The property includes ADA compliant bathrooms, doors, and main level entrances, ensuring accessibility for all customers. - Receiving Area: Roll-up outside doors provide easy access for receiving deliveries, enhancing operational efficiency. - Security System: the property is protected by a Bosch Commercial alarm/burglary protection system. Location Highlights: - Central Location: Ideally situated in the heart of Alma, this property is less than a block away from the Masonic Home and the My Michigan Medical Center Alma Hospital, ensuring high visibility and traffic. - High Traffic Area: Positioned on one of the county’s busiest corners, your business will benefit from excellent exposure to both foot and vehicle traffic. - Proximity to Amenities: Close to various local amenities, including shopping centers, dining options, and other professional services, making it a convenient destination for your customers. Potential Uses: - Retail Store - Medical Facility - Office Space - Supermarket - Fitness Center This property’s adaptable layout and strategic location make it ideal for a wide range of commercial uses. Don’t miss out on the chance to create your perfect business space in a thriving area of Alma.
Listing Contacts

43 NORTH REALTY
Listed by 43 NORTH REALTY
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