Walgreens

11635 E 13 Mile Rd Warren, MI 48093

11635 E 13 Mile Rd, Warren, MI, 48093
11635 E 13 Mile Rd, Warren, MI, 48093
FOR SALE
Property Type:
Street Retail
Amount:
$3,775,917
Last Verified:
Oct 17, 2024

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Highlights

  • Absolute NNN Lease w/ No Landlord Obligations
  • Proven Location With 20 Year Operating History & Strong Store Sales
  • Corporate Guarantee Backed Lease from Walgreen Co.
  • Within 2 Miles of the 710+ Acre GM Tech Center 710+ Acre Campus | Over 21,000 Employees
  • Within 2.5 Miles of Macomb Community College | Current Student Body Exceeds 24,468
  • 54,300+ Traffic Counts | Signalized Intersection of 13 Mile and Hoover Road w/ High Visibility Daily
  • Directly Across From Cousino Highschool | Student Enrollment Exceeds 1,400
  • Affluent Community With Average Household Income: $79,126+ in 1 Mile Radius
  • Dense Residential Infill 5 Mile Population in Excess of 306,504+

Description

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Year Built: 2002
Building Size: 13836sq ft
Lot Size: 1.56 acres

Map of 11635 E 13 Mile Rd, Warren, MI, 48093

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.