431 W Lincoln Ave - Drug Store FOR SALE
Ionia, MI 48846 |
431 W Lincoln Ave
Ionia, MI 48846
HIGHLIGHTS
- Single Tenant 11,180 SF Rite Aid Drugstore w/ Drive Thru
- Recent Lease Extension & Signage Upgrade Showing Rite Aid's Commitment To Location
- Double "NN" Net Lease | Minimal Landlord Responsibilities
- 2006 Construction | Rite Aid's Newest Prototype Design
- (4) Five Year Options w/ 17.57% Rental Increase In First Option
- Minimal Drug Store Competition | Site Benefits Being LocatedOn a Hard Corner Signalized Intersection
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Rite Aid
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
11180
STORIES
1
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
35
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
201-060-000-035-10
