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Mavis Tire (Tuffy Tire) | Absolute NNN 11524 N Saginaw Rd 3,460 SF Retail Building Clio, MI 48420 $342,700 ($99.05/SF) 7% Cap Rate

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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

EXECUTIVE SUMMARY

Exclusively listed in association with Bang Realty-Michigan, Inc | License No. 6502428679
We are pleased to present the opportunity to acquire a single-tenant, absolute NNN, fee simple, Tuffy Tires asset in Clio, Michigan. The property is 100% leased to Tuffy Tire & Auto Service, corporately backed by Mavis Tire Supply LLC – one of the largest independent multi-brand tire dealers in the nation. The lease commenced in 2022 and contains no landlord responsibilities, offering truly passive, long-term income.
Strategically located along the well-trafficked N. Saginaw Road corridor, just north of M-57 and minutes from Interstate 75, the property benefits from a combined 27,291 vehicles per day and excellent local visibility. The ±3,460 SF freestanding building sits on ±0.344 acres, featuring multiple service bays, paved parking, and direct ingress/egress. The site’s layout, signage, and circulation support sustained tenant performance and long-term operational suitability.
Importantly, this is a rare opportunity to acquire an automotive NNN investment in a location with strong market fundamentals and synergy. The Tuffy brand has operated at this site for many years, further demonstrating location viability. With steady automotive demand and a proven operator backed by a national credit tenant, this property offers a compelling opportunity for passive investors seeking durable income, operational stability, and recession-resilient use.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,460 SF
Building Class
B
Year Built/Renovated
1980/2022
Price
$342,700
Price Per SF
$99.05
Cap Rate
7%
NOI
$24,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.34 AC

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Tuffy Tire (Mavis)
  • Services
  • 3,460 SF
  • $6.94
  • Triple Net
  • Apr 2032
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Tuffy Tire (Mavis) Services 3,460 SF $6.94 Triple Net Apr 2032

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-24-501-031
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$106,600
  • Listing ID: 38777725

  • Date on Market: 12/15/2025

  • Last Updated:

  • Address: 11524 N Saginaw Rd, Clio, MI 48420

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