1341 Wright AveAlma, MI 48801

For Lease
$14.50/SF/YR

11,440 SF Free-Standing Drug Store

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 11,440-square-foot free-standing retail building, formerly a Rite Aid, presents a unique investment opportunity in Alma, Michigan. Located at 1341 Wright Ave, at the intersection of Wright Ave. and Warwick Dr., this single-tenant property sits on a generous 1.2-acre lot (APN: 29-51-332-253-20) and is zoned B2. The building is currently vacant, offering immediate occupancy for a new tenant. Ample parking is available with 54 spaces. The property boasts a convenient location in Alma, MI, 48801, with excellent visibility and accessibility. The building does not include elevators. Property taxes are $3 per square foot. This presents a blank canvas for a variety of retail uses, benefiting from its high-traffic location and substantial square footage. The substantial lot size offers potential for future expansion or redevelopment. This is an exceptional opportunity to acquire a well-located, sizable retail property in a thriving Michigan community. The property's size and location make it ideal for a variety of retail businesses. Serious inquiries are encouraged.

Highlights

  • 11,440 SF free-standing retail building on a 1.23-acre lot in Alma, MI.
  • High-visibility corner location at Wright Ave. and Warwick Dr. (Business 127), near major retailers including Walmart and Meijer.
  • Former Rite Aid with multiple points of ingress/egress, across from a former Walgreens.
  • 54 parking spaces.
  • Property taxes are $3/SF.

Unit(s) available at that property

Space
Size
11,440 SF
Rate per SF
$14.50

Location Insight

City
Alma
County
Gratiot
State
Michigan
Latitude
43.391057044564
Longitude
-84.66683631492
1341 Wright Ave, Alma, Michigan

FAQs

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1341 Wright Ave
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