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 Aug 6, 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

Tommy Hannawa

Encore Real Estate Investment Services

Location

Getting Around

Walk Score ®
58/100 Somewhat Walkable
Bike Score ®
44/100 Somewhat Bikeable

Map
Street

City Okemos, MI
Neighborhood Okemos
Zip Code 48864
Market Detroit

Points of Interest

Marathon

0.36 miles
Speedway

1.00 miles
Shell

1.53 miles
Mobil

1.73 miles
ChargePoint

1.95 miles
Admiral Petroleum

2.14 miles
Costco Gasoline

2.18 miles
Mobil

2.43 miles
ChargePoint

2.63 miles
Sunoco

2.66 miles

Staff Parking Lot

1.56 miles
Office Visit Parking

1.61 miles
Student/Event Parking Lot

1.75 miles
Lot 29

1.78 miles
Lot 31

1.79 miles
Lot 91

1.82 miles
Lot 33

1.86 miles
Lot 28

1.87 miles
Lot 20

1.87 miles
Lot 32

1.90 miles

Sugar Berry

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
Paradise Biryani Pointe

0.41 miles

Meijer

0.23 miles
Macy's

0.40 miles
JCPenney

0.46 miles
Meridian Mall

0.50 miles
Gordon Food Service

0.60 miles
Kroger

0.79 miles
Target

0.80 miles
Marshalls

0.81 miles
Kohl's

0.89 miles
Swagath Foods Indian Groceries

0.90 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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