Retail Space For Sale @ 8900 Telegraph Rd

. Standard & Poor's Rated BBB+ (Highest Credit Rating of the Top Three Drug Store Chains)
. Three (5) Year Options Remaining with Increase
. Zero Landlord Responsibilities - Absolute Net Leased
. Located on the Eight Lane Telegraph Thoroughfare
. Small Price Point for Incoming Investor
. Excellent Population in 3 Mile Radius (114,000 Plus)

The Jonna Group of Marcus & Millichap is pleased to present for sale the CVS Pharmacy located at 8900 Telegraph Road in Redford, Michigan. The property has over three years remaining with increases in each of its three five year options. The property is being offered free and clear of debt at a 7.50 percent cap. The property is situated just off the hard signalized corner of Telegraph Road and Joy Road. Telegraph Road is a major eight lane commercial corridor running north and south. The site offers access points via Telegraph Road, Dover Road, and Dale Avenue which is accessed on Joy Road. CVS is strategically located around many national retailers that include Wendy's, Salvation Army, Rent-A-Center, Checkers, BP Gas Station, Walgreens, Belle Tire, T-Mobile, ALDI, Fifth Third Bank, Starbucks, Jimmy John's, Subway, Dunkin Donuts, Kroger, Burlington Coat Factory AutoZone,Ace Hardware, Dollar Tree, H&R Block and many more.