STNL CVS Pharmacy

18585 Dale St.

Detroit ,

MI

$1,941,176

Single-Tenant |

Retail

11391 sq. ft.

Occupancy

100%

Year Built

1999

Land Size

±1.18 AC

Building Size

±11,391 SF

  • Stabilized Investment Opportunity: The STNL NNN Property is currently 100% occupied with an operating NOI of $165,000
    providing an investor stable cash flow.
  • Long Standing Operating History: Originally built to suit for CVS, this location has been operational since 1999.
  • Favorable Lease Terms: The current lease expires August, 2029. There are Four (4) Five (5) Year Options at 5% Escalations through 2049.
  • Strong Retail Corridor: The Property is strategically positioned on Telegraph Rd, at the corner of Grand River Ave., representing an intersection of the most well-trafficked thoroughfares in the State.

Lead Listing Agent

Jon Kouza

(248) 722-1760

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