Walgreens

ABSOLUTE NNN LEASE | DRIVE-THRU PHARMACY: ±14,490 SF freestanding Walgreens with drive-thru operating on an absolute NNN lease, providing a passive, management-free investment.
STRATEGIC I-75 LOCATION | REGIONAL TRAFFIC DRIVER: Located just off Interstate 75 (Exit 279), the primary north–south corridor connecting Detroit to Northern Michigan. Gaylord serves as a key stopover market capturing year-round traffic and seasonal tourism traveling to Traverse City, Petoskey, and Mackinac Island.
HIGH-TRAFFIC RETAIL CORRIDOR (±29,300 VPD): Positioned along W Main Street, the primary commercial corridor serving Gaylord and the surrounding regional trade area.
DOMINANT NATIONAL RETAIL CORRIDOR: Situated within Gaylord’s primary retail node alongside national tenants including Walmart Supercenter, Lowe’s, Starbucks, McDonald’s, Taco Bell, Verizon, Pet Supplies Plus, and Arby’s, driving consistent daily traffic.
LIMITED COMPETITION | PRIMARY PHARMACY PROVIDER: No other Walgreens within approximately 25+ miles, creating a highly insulated trade area and reinforcing the property’s role as the dominant pharmacy provider in the region.
REGIONAL HUB WITH TOURISM-DRIVEN DEMAND: Gaylord serves as a commercial hub for Northern Michigan, drawing from surrounding rural communities and seasonal tourism, significantly expanding the effective trade area.
STRONG REAL ESTATE FUNDAMENTALS: Built in 2006 on approximately ±1.90 acres with ample parking and multiple access points, supporting long-term functionality and site flexibility.

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Matt Fitzgerald