Gerber Collision & Glass

3614 Corunna Rd, Flint, MI 48532

  • For Sale $694,000
  • Property Type Retail
  • Property Size 20,399 SF
  • Lot Size 0.98 Acre
  • Additional Rent Contact for pricing
  • Year Built 1965
  • Year Renovated 2020
  • Date Updated Dec 13, 2024
Flint, MI is the largest city and seat of Genesee County, Michigan. Located 66 mile northwest of Detroit, Flint operates as major city within the Mid Michigan region. It is the fourth largest metropolitan area in Michigan with a total population exceeding 119,000 within a 5-mile radius.Legacy Commercial Group is pleased to exclusively offer the high yield investment sale of Gerber Collision and Glass in Flint, MI. The tenant has recently executed a new NN+ lease extension including 3% annual increase for each (1) year option. Minimal Landlord responsibilities include roof, structure and parking lot. Major capital expenditures completed since 2020 include a brand new roof replacement, exterior fence, and remodeled offices.
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Highlights

  • NOI of $132,000 | 19.02% Cap Rate
  • Excellent Investment Sale or Future Owner/User Property.
  • Corporate Lease Guarantee With 3% Rental Increases Each (1) Year Option
  • Many Tenant Improvements Since 2020 Including New Exterior Siding & Paint, Exterior Fence, Complete Roof Replacement & Interior Office Renovation

Contacts

broker

Legacy Commercial Group

Location

Getting Around

  • Walk Score ®

    78/100 Very Walkable
  • Transit Score ®

    29/100 Some Transit
  • Bike Score ®

    62/100 Bikeable
Powered by Walk Score ®
  • City Flint, MI
  • Zip Code 48532
  • Market Detroit

Points of Interest

  • Flint

    4.30 miles

  • BP

    0.20 miles

  • Marathon

    0.50 miles

  • Kroger

    0.55 miles

  • Speedway

    0.90 miles

  • Sunoco

    1.06 miles

  • Mobil

    1.13 miles

  • Citgo

    1.26 miles

  • Tesla Supercharger

    5.35 miles

  • Kettering Mobility Research Center

    1.41 miles

  • Economy Lot

    1.89 miles

  • Short Term Lot

    1.96 miles

  • Cell Phone Lot

    1.97 miles

  • Rental Car Lot

    2.00 miles

  • Employee Lot

    2.03 miles

  • Riverfront Parking Deck

    2.31 miles

  • City/Public Parking Lot

    2.43 miles

  • University Pavilion Parking Deck

    2.44 miles

  • YaYa's

    0.03 miles

  • Taco Bell

    0.04 miles

  • Hungry Howie's

    0.05 miles

  • Wild Fong

    0.07 miles

  • Burger King

    0.08 miles

  • Little Caesars

    0.09 miles

  • Dom's Diner

    0.13 miles

  • Church's Chicken

    0.13 miles

  • Badawest Restaurant

    0.30 miles

  • Big John Steak & Onion

    0.45 miles

  • ALDI

    1.47 miles

  • Target

    1.50 miles

  • Walmart Supercenter

    1.52 miles

  • Save-A-Lot

    1.57 miles

  • Forman Mills

    1.66 miles

  • Burlington

    1.83 miles

  • Gordon Food Service

    1.90 miles

  • JCPenney

    2.21 miles

  • Genesee Valley Center

    2.30 miles

  • The Grainery

    2.32 miles

Frequently Asked Questions

How much does Gerber Collision & Glass cost?

The space currently listed for sale at Gerber Collision & Glass asks for $694,000.

What is the total square footage of Gerber Collision & Glass?

Gerber Collision & Glass totals 20,399 square feet.

When was this property built?

Gerber Collision & Glass was built in 1965.

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Contact Listing Broker
broker

Legacy Commercial Group