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This Retail Property is no longer advertised on LoopNet.co.uk.

8531 Lansing Rd
Durand, MI 48429

Rite Aid · Retail Property For Sale

Investment Highlights

  • Positioned within the Flint MSA
  • Recent lease extension to August 2028 demonstrates commitment to the location
  • The property was renovated in 2021 to incorporate Rite Aid’s newest store image
  • Corporate guarantee from Rite Aid
  • Next rental escalation on 9/1/2023 and in each renewal option
  • Located along Lansing Road (10,080 VPD) and within proximity to Interstate 69 (24,023 VPD)

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
11,082 SF
Building Class
C
Year Built
1998
Tenancy
Single
Number of Floors
1
Building FAR
0.16
Lot Size
1.57 AC
Zoning
CM - Commerical
Parking
62 Spaces (5.59 Spaces per 1,000 SF Leased)
Frontage
220 ft on E Lansing Rd

Amenities

  • Signage
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
020-82-104-001-00
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£439,815
  • Listing ID: 26826316

  • Date on Market: 11/10/2022

  • Last Updated:

  • Address: 8531 Lansing Rd, Durand, MI 48429

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