Active
Sale
Retail
ID ad43a0bc
Rite Aid
360 Martin Luther King Jr Blvd N, Pontiac, MI 48342
For Sale
$2,608,600$232.77/SF
- Building Size
- 11,207 SF
- Lot Size
- 0.565 ac
- County
- Oakland
- Listed
- 03/31/2026
- Updated
- 08/11/2026
Overview
- Absolute NNN Lease with Zero Landlord Responsibilities
- 11 Years Remaining in Term with Nine, 5-Year Options
- Lease Supports Rent Increases of 5% in Years 6 and 11, and in Each Option
- Excellent Visibility with Frontage and Signage Along Martin Luther King Jr Blvd with Traffic Counts Over 40,900 Vehicles Per Day and University Drive with Traffic Counts of Over 21,500 Vehicles Per Day
- Easily Accessible with Multiple Points of Access Along Martin Luther King Jr Blvd, University Drive and Featherstone Street
- Strategically Positioned with Signalized Intersections on Two Corners of the Property
- NYSE: RAD | Third Largest Drugstore Chain in the U.S. with Over 2,245 Locations
- This Location Features a Drive Thru and Ample Parking
- Located 27 Miles From the Detroit City Airport
Additional Information
- City
- Pontiac
- State
- MI
- Zip Code
- 48342
- Zoning
- C-3
- Zoning Desc.
- Corridor Mixed Use
- Parcel APN
- 1428229006
- Listing ID
- ad43a0bc
- City
- Pontiac
- State
- MI
- Zip Code
- 48342
- Zoning
- C-3
- Zoning Desc.
- Corridor Mixed Use
- Parcel APN
- 1428229006
- Listing ID
- ad43a0bc