Walgreens

2131 W Grand River Ave, Okemos, MI 48864

  • For Sale $4,900,000
  • Property Type Retail - Street Retail
  • Property Size 14,550 SF
  • Lot Size 1.32 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 2012
  • Date Updated Sep 21, 2024
Okemos is an unincorporated community in Meridian Charter Township, Ingham County in the U.S. state of Michigan. It is a census-designated place (CDP) for statistical purposes and does not have any separate legal existence as a municipality. Local government is provided by the township. The population was 21,369 at the 2010 census. The Okemos Public Schools system includes Okemos and some immediate surrounding areas. The nickname of the school's sports teams is the Chiefs. The settlement of Hamilton was founded in 1839 by Freeman Bray as a trading point with the surrounding Ojibwe people and as a farming community. In 1859, one year following the death of Chief John Okemos (on whose treaty lands the community was built), the area was renamed to honor the Native American chief. "Okemos" is from the Ojibwa ogimaa "chief" plus -s, the diminutive, thus "little chief". It was originally a farming community, but has been entirely absorbed as a Lansing suburb, and is a popular residence community for employees of Michigan State University..
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Highlights

  • Absolute Net Lease | Zero Landlord Responsibilities
  • Original 25-Year Lease with 12 Years Remaining in Term
  • Corporate Back Guarantee | Walgreens Boots Alliance S&P “BBB”
  • Close Proximity to Michigan State University | Over 50,000 Students at the Main Campus
  • Prototypical Free Standing Building Equipped with Drive-Thru
  • Excellent Demographics: Population Exceeds 113,707 within 5 Miles
  • Hard Corner Location With Excellent Visibility on Signalized 4-Way Intersection
  • Combined Traffic Counts Exceed 40,755+ Vehicles per Day on Grand River and Okemos Road
  • Average Household Income: $95,098 in 3 Mile Radius
  • Main Retail Corridor | Located within 0.7 Miles of the Meridian Mall
  • Surrounded by National Tenants: Chick-fil-A, Midas, Discount Tire, Meijer, Jimmy John's, Belle Tire, McDonald's, Taco Bell, Burger King, Best Buy and Many More

Contacts

broker

Encore Real Estate Investment Services

Location

Getting Around

  • Walk Score ®

    58/100 Somewhat Walkable
  • Bike Score ®

    44/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Okemos, MI
  • Zip Code 48864
  • Market Detroit

Points of Interest

  • East Lansing

    3.44 miles

  • Meijer

    0.35 miles

  • Marathon

    0.36 miles

  • Kroger

    0.70 miles

  • Shell

    1.53 miles

  • ChargePoint

    1.96 miles

  • Admiral Petroleum

    2.14 miles

  • Costco Gasoline

    2.18 miles

  • Mobil

    2.43 miles

  • Sunoco

    2.66 miles

  • GE

    2.67 miles

  • Staff Parking Lot

    1.56 miles

  • Office Visit Parking

    1.61 miles

  • Student/Event Parking Lot

    1.73 miles

  • Lot 29

    1.78 miles

  • Lot 33

    1.79 miles

  • Lot 31

    1.79 miles

  • Lot 91

    1.82 miles

  • Lot 28

    1.87 miles

  • Lot 20

    1.87 miles

  • Sugar Berry

    0.08 miles

  • Chipotle

    0.08 miles

  • Panera Bread

    0.11 miles

  • Chick-fil-A

    0.13 miles

  • Ukai Japanese Steakhouse

    0.14 miles

  • McDonald's

    0.16 miles

  • Taco Bell

    0.20 miles

  • Jimmy John's

    0.25 miles

  • Buddy's Pizza

    0.25 miles

  • 102 Pho and Banh Mi

    0.41 miles

  • Meijer

    0.23 miles

  • Big Lots

    0.23 miles

  • Macy's

    0.40 miles

  • JCPenney

    0.46 miles

  • Meridian Mall

    0.51 miles

  • Gordon Food Service

    0.60 miles

  • Kroger

    0.79 miles

  • Target

    0.80 miles

  • Marshalls

    0.81 miles

  • Kohl's

    0.89 miles

Frequently Asked Questions

How much does Walgreens cost?

The space currently listed for sale at Walgreens asks for $4,900,000.

What is the total square footage of Walgreens?

Walgreens totals 14,550 square feet.

When was this property built?

Walgreens was built in 2012.

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Contact Listing Broker
broker

Encore Real Estate Investment Services