58,370 Square Foot Retail Space For Sale @ 18640 E 9 Mile Rd

. 22+ Years Remaining on Base Term with Increases in Each Option Term
. Corporate Backed Lease with minimal Landlord Responsibilities
. Standard & Poor’s Rated BBB+ (Highest Credit Rating of the Top 3 Drug Store Chains)
. High Traffic Counts | Over 36,000 Vehicles Per Day at East 9 Mile and Kelly Road
. Strategically Located | Signalized Corner with 4 Points of Access | Relocation Site
. Minutes from Eastland Center | 1,400,000+ Retail Square Foot Mall

The Jonna Group of Marcus & Millichap is pleased to present to market a 13,600- square foot CVS Pharmacy located in Eastpointe, MI. This fee simple opportunity has over 22 years left on the original 25-year lease, with five five-year renewal options that all have increases. This strategically placed asset contains 4 access points with excellent frontage at the signalized intersection of East 9 Mile Road and Kelly Road. This intersection has upwards of 36,000 vehicles per day. CVS relocated to this intersection back in 2014 showing their strong conviction for the location. Minutes north of the site is Eastland Center Mall, comprised of over 1,400,000 square feet of retail. Eastland Mall is anchored by Macy’s, Lowe’s, Target and Burlington Coat Factory.