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Value Add Automotive Portfolio 3 Properties Offered at $950,000 in Detroit, MI
Investment Highlights
- High-Yield Automotive Portfolio
- Value Add With Reactivation Opportunity
- Multi-Site Automotive Portfolio With Upside Potential
Executive Summary
Motor City Muffler & Auto Repair, located at 10520 W. 7 Mile Road in Detroit, Michigan, is currently leased and offers investors immediate in-place income, while also presenting the flexibility for a future owner-operator conversion.
Ownership prefers to market the asset as part of a portfolio sale with the adjacent 5 Star Car Wash (10530 W. 7 Mile Road), providing a complementary, co-located automotive service and car wash operation. The offering may also include the 14,000 SF former Goodyear Auto Service Center (former) facility at 14201 Wyoming Avenue, representing a significant reactivation and value-add opportunity.
This three-asset assemblage allows investors to acquire a mix of stabilized cash flow and lease-up/repositioning upside within a concentrated trade area.
Ownership prefers to market the asset as part of a portfolio sale with the adjacent 5 Star Car Wash (10530 W. 7 Mile Road), providing a complementary, co-located automotive service and car wash operation. The offering may also include the 14,000 SF former Goodyear Auto Service Center (former) facility at 14201 Wyoming Avenue, representing a significant reactivation and value-add opportunity.
This three-asset assemblage allows investors to acquire a mix of stabilized cash flow and lease-up/repositioning upside within a concentrated trade area.
Property Facts
| Price | $950,000 | Number of Properties | 3 |
| Price / SF | $51.20 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 18,554 SF |
| Status | Active | Total Land Area | 1.41 AC |
| Price | $950,000 |
| Price / SF | $51.20 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 18,554 SF |
| Total Land Area | 1.41 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 14201 Wyoming St, Detroit, MI 48238 | Retail | 14,000 SF | 1996 | - |
| 10520 W 7 Mile Rd, Detroit, MI 48221 | Retail | 2,660 SF | 1985 | - |
| 10530 W 7 Mile Rd, Detroit, MI 48221 | Specialty | 1,894 SF | 1968 | - |
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Value Add Automotive Portfolio
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