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511 S State Rd
Davison, MI 48423
Monro Auto · Retail Property For Sale
Investment Highlights
- Brand New 10 year renewal
- NN Lease with Limited Landlord Responsibilities
- Retail-Dense Corridor with National Tenants Surrounded by top-performing national brands
- Publicly Traded Tenant (NASDAQ: MNRO) Monro, Inc. is one of the nation's largest automotive service providers
- Long Operating History as an Auto Repair Facility - 2005 Construction
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,772 SF
Building Class
C
Year Built
2005
Price
$1,607,800
Price Per SF
$237.42
Cap Rate
6.25%
NOI
$100,485
Percent Leased
100%
Building Height
1 Story
Building FAR
0.28
Lot Size
0.56 AC
Zoning
C-3
Parking
13 Spaces (1.92 Spaces per 1,000 SF Leased)
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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