511 S State Rd | Davison, MI 48423
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- LoopNet Team
511 S State Rd
Davison, MI 48423
MONRO AUTO SERVICE & TIRE CENTER · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 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 co
- 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
- Surrounded by top-performing national brands including Walgreens, McDonald’s, Tim Hortons, Domino’s, Applebee’s, Burger King, and more
- Purpose-built for Monro, this property has been continuously occupied since 2016, reflecting tenant commitment and location viability.
- Located 5 minutes from McLaren Flint-Davison Community Medical Center and just 0.3 miles from Ross Medical Education Center
- Offered at $1,438,582 with a 6.35% CAP Rate, this opportunity delivers immediate cash flow and upside through future rent escalations
PROPERTY FACTS
Property Type
Retail
Building Size
6,772 SF
Year Built
2005
Building Height
1 Story
Building FAR
0.28
Lot Size
0.56 AC
Zoning
C-3
Parking
13 Spaces
Frontage
PROPERTY TAXES
| Parcel Number | 52-10-554-040 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $432,300 |
PROPERTY TAXES
Parcel Number
52-10-554-040
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$432,300
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