1845 N Wayne Rd - Auto Repair FOR SALE


Westland, MI 48185
$2,355,000 USD
332-345-2408
1845 N Wayne Rd, Westland, MI for Sale
$2,355,000 USD
Auto Repair - FOR SALE
1/3
null | 7% Cap Rate

1845 N Wayne Rd
Westland, MI 48185


HIGHLIGHTS

  • Absolute Triple Net Lease with No Landlord Responsibilities
  • Largest Meineke Franchisee in the Nation
  • Growing Industry Tailwind
  • Strategic Real Estate Fundamentals & High Barrier to Entry
  • Dense Detroit Metro Demographics & Commuter-Driven Demand
  • High-Traffic, High Visibility Retail Corridor

OVERVIEW

Surmount is pleased to present the exclusive listing for a Meineke Car Care located at 1845 North Wayne Road, Westland, MI 48185. The site consists of roughly 11,830 rentable square feet of building space on an estimated 1.18-acre parcel of land. Meineke Car Care is subject to a 20-year Triple Net (NNN) lease, which commenced 11/10/2025. The current annual rent is $164,868 and has scheduled increases of 10.00% Every 5 Years.

FOR SALE DETAILS

PRICE

$2,355,000 USD

PRICE/SF

$199 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Meineke Car Care

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,183 SF

ZONING

CB-4, Vehicle Service

APN/PARCEL ID

56-045-99-0002-703

ASK ABOUT THIS PROPERTY

Stewart HickeySurmountMore Info
332-345-2408

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Stewart HickeySurmountMore Info
332-345-2408

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.