Retail    

CVS

 Midland, Michigan

Asking Price

$5,930,800

Cap Rate

6.65%

Icons_NNN-Icon

Expenses

NNN

Icons_YrBuilt-Hammer-Icon

Year Built

2016

Icons_BuildSize-SqFt-Icon

Square Feet

13,600 SF

Icons-_NOI-Square

NOI

$394,400

Icons_Growth

Rent Increases

10% at Each Option

Icons-Acreage

Land Area

1.49 AC

For more details on this exclusive listing

DOWNLOAD OM

By submitting the form, you agree to the terms and conditions of our Confidential Disclaimer.

INVESTMENT HIGHLIGHTS

  • Corporate Lease | Investment Grade Guaranty | #6 on Fortune 500 List
  • 25-Year NNN Lease | 16+ Years Remaining | 10% Increases Every Option
  • Positioned on Signalized Corner | Excellent Access & Visibility | Combined 47K VPD
  • Build-to-Suit Construction | Limited Competition
  • 1.5 Miles From Dow Global Corporate HQ & Michigan Operations Industrial Park | 6,000+ Employees
  • Strong Demographics | 86,000+ Residents | $117,000 10-Mile Average Household Income
  • Across From Midland High School | 1,200 Students

Exclusively Listed By

David Annett

Associate Vice President
  dannett@northmarq.com      918.794.9514

Tyler Molleson

Senior Associate
  tmolleson@northmarq.com      404.823.6760

Ryan Butler

Regional Managing Director
  rbutler@northmarq.com      918.794.9523

Brad Moulder

Senior Vice President
  bmoulder@northmarq.com      918.794.9551

Anne Perrault

Vice President
  aperrault@northmarq.com      918.794.9538

Brandon Sherrill

Senior Associate
  bsherrill@northmarq.com      918.794.9558

Joe Habighorst

Lead Investment Analyst
  jhabighorst@northmarq.com   

Lindsey Vedros

Operations Analyst
  lvedros@northmarq.com   

In Association With:

Melissa McKenzie

MI Broker License #6502387293

Northmarq

6120 S Yale Ave, Suite 300
Tulsa, OK 74136

northmarq.com

©2024 Northmarq
Privacy Policy Terms & Conditions