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5010 Miller Rd
Flint, MI 48507
Monro Auto Service & Tire Service · Retail Property For Sale
Investment Highlights
- Brand New 10-Year Renewal Demonstrates Commitment to the Location
- Long-Term Occupancy with Renewal Options
- NN Lease with Minimal Landlord Responsibilities Landlord is responsible for roof, structure, and parking lot replacement (not maintenance)
- Publicly Traded Tenant (NASDAQ: MNRO)
- Hard Corner Signalized Intersection Prime visibility and access at a high-traffic signalized corner along Miller Road
- Dense Surrounding Retail and Consumer Base
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,137 SF
Building Class
C
Year Built
1972
Price
$1,219,700
Price Per SF
$294.83
Cap Rate
6.25%
NOI
$76,230
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.64 AC
Opportunity Zone
Yes
Parking
21 Spaces (5.08 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signalized Intersection
Property Taxes
| Parcel Number | 07-29-577-016 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $421,400 |
Property Taxes
Parcel Number
07-29-577-016
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$421,400
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