For Lease
$14.50/SF/YR

1341 Wright Ave Alma, MI 48801

11,440 SF Free-Standing Drug Store

Overview

Added:
Dec 11, 2024
Days on market:
133
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.

Property Details for 1341 Wright Ave

Property type
Retail properties
RSF (Rentable sq. ft)
11,440 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

FAQs

What type of property is this?
Retail property - 11,440 SF Free-Standing Drug Store
Where is the retail property located?
The property is located at 1341 Wright Ave Alma, MI.
What is the lease rate?
The lease rate is $14.50/SF/YR.
What are key features of this property?
This property features: 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.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1341 Wright Ave
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