Seri Bryant

Associate

818.212.2655

"

The quality of your thinking determines the quality of your life. "

Danny Abergel

Senior Associate

CA BRE: 01797904

818.212.2715

"

Beware of the little expenses. A small leak can sink a great ship."

Rebekah Snyder

Senior Research Analyst

818.212.2731

"

Two things define you. Your patience when you have nothing, and your attitude when you have everything."

Jesica Ocheltree

Operations Manager

818.212.2730

"

Happiness is a choice, not a result. "

Kathy Magallanes

Certified Agent Support Specialist

"

Success is not in what you have, but who you are."

Andrea Tuch

Marketing Manager

818.212.2660

"

The highest form of wisdom is kindness."

Walgreens

3040 E Michigan Ave, Jackson, MI 49202

Price:
$5,252,900
CAP Rate:
5.90%
NOI:
$309,920
Net Rentable Area:
15,120 SF
Lot Size:
2.50 Acres
Year Built:
2000
Status:
Available

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

Property Details

  • Tenant’s committed to the location. Original 20 year lease recently extended for additional 10-years
  • Limited competition in immediate area with nearest
  • Walgreens located 3.0 miles to the west of the site
  • Strategically located in between US-127 (0.4 miles) and the area’s largest medical center, Henry Ford Allegiance Hospital (1 mile)
  • Investment Grade Credit Tenant (BBB by S&P)

RECENT LISTINGS