- For Sale $1,438,582
- Property Type Retail - Freestanding
- Property Size 6,772 SF
- Lot Size 0.64 Acre
- Property Tenancy Single Tenant
- Date Updated Apr 14, 2025
Reach out to the broker for more info on lease terms and amenities
Highlights
- Publicly Traded Tenant (NASDAQ: MNRO) Monro, Inc. operates over 1,300 locations across 32 states, making it one of the largest tire and auto service providers in the country. A reliable corporate tenant with long-term brand equity.
- NN Lease with Limited Landlord Responsibilities Tenant is responsible for taxes, insurance, and CAM. Landlord obligations are limited to roof (Brand New Roof 2025,) structure, and parking lot replacement—recent upgrades reduce near-term capital exposure.
- Low Price Point – Attractive Basis Offered at $1,438,582 with a 6.35% CAP Rate, this opportunity delivers immediate cash flow and upside through future rent escalations and tenant retention.
- Long Operating History as an Auto Repair Facility - 2005
- Below-Market Rent with Built-In Growth Current lease rate of $13.49/SF is under market for the region. The lease includes 10% rental bumps every 5 years with three (3) renewal options—providing a stable, escalating income stream.
- Retail-Dense Corridor with National Tenants Surrounded by top-performing national brands including Walgreens, McDonald’s, Tim Hortons, Domino’s, Applebee’s, Burger King, and more—positioning the asset within a highly synergistic retail cluster.
- Highway Connectivity and Accessibility Easy access to I-69 and US-23, with strong visibility and accessibility for both local residents and regional commuters.
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Contacts
Location
Getting Around
-
Walk Score ®
60/100 Somewhat Walkable
-
Bike Score ®
66/100 Bikeable
- City Davison, MI
- Neighborhood Davison
- Zip Code 48423
- Market Detroit
Points of Interest
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Flint
6.82 miles
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Marathon
0.35 miles
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Kroger
0.63 miles
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Speedway
0.70 miles
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Sunoco
0.71 miles
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ChargePoint
0.94 miles
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Mobil
1.30 miles
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1 Stop
2.05 miles
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Meijer
2.05 miles
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Janior/Staff Parking
0.35 miles
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Davison Bus Parking
0.72 miles
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Equestrian Staging Area
5.47 miles
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Canoe Launch
5.98 miles
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Fishing Area Parking Lot
6.44 miles
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Faculty/Staff Parking Lot
8.51 miles
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Mill Street Parking Deck
8.55 miles
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Parking Lot A
8.58 miles
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UM Flint Harrison Street Parking Lot
8.72 miles
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City/Public Parking Lot
8.78 miles
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Tropical Smoothie Cafe
0.14 miles
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Apollo
0.17 miles
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Chee Kong
0.18 miles
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YaYa's
0.30 miles
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Senor Lucky's
0.32 miles
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Whitey's
0.37 miles
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Arby's
0.39 miles
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El Charito's
0.40 miles
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Hungry Howie's
0.43 miles
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Big John
0.43 miles
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Kroger
0.77 miles
-
VGs Food Center
1.25 miles
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Meijer
1.92 miles
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H B's Country Market
4.01 miles
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Walmart Supercenter
4.22 miles
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Nehring's Market
5.13 miles
-
Big Lots
5.54 miles
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Courtland Center
5.79 miles
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JCPenney
5.89 miles
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ALDI
5.90 miles
Frequently Asked Questions
The space currently listed for sale at Monro Auto Service & Tire Center asks for $1,438,582.
Monro Auto Service & Tire Center totals 6,772 square feet.
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Encore Real Estate Investment Services