11524 N Saginaw Rd | Clio, MI 48420
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11524 N Saginaw Rd
Clio, MI 48420
Mavis Tire (Tuffy Tire) | Absolute NNN · Retail Property For Sale
Investment Highlights
- Corporate-Backed - 100% Leased to Tuffy Tire & Auto Service (under Mavis Tires Corporate Umbrella) on an Absolute NNN Lease
- Absolute NNN Lease Structure - Zero Landlord Responsibilities
- The Current Rental Rate is Below Prevailing Market Levels - Attractive Purchase Basis and Potential Upside in Value
- “Bite-Size” NNN Asset - Automotive Service Tenant - Multi-Billion-Dollar National - Strong Credit - Nation’s Largest Tire/Service Companies
- Upcoming (2027) 6% Rental Increase - Four 5-year Lease Extension Options -Potentially Extending Occupancy to 2052
- Favorable Rent - Ensuring the Property Remains competitive - Supports Future Rent Growth
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,460 SF
Building Class
B
Year Built/Renovated
1980/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.34 AC
Property Taxes
| Parcel Number | 18-24-501-031 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $106,600 |
Property Taxes
Parcel Number
18-24-501-031
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$106,600
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