301 E Main St - Auto Repair FOR SALE


Owosso, MI 48867
$1,501,000 USD
617-239-3600
301 E Main St, Owosso, MI for Sale
$1,501,000 USD
Auto Repair - FOR SALE
1/2
null | 5.75% Cap Rate

301 E Main St
Owosso, MI 48867


HIGHLIGHTS

  • RECENT 20-YEAR EXTENSION
  • ABSOLUTE NNN LEASE WITH ESCALATIONS
  • COMMUTER CORRIDOR POSITIONING
  • DETROIT MSA LOCATION
  • ESTABLISHED, PURPOSE-BUILT FACILITY
  • NATIONALLY RECOGNIZED CORPORATE TENANT

OVERVIEW

Atlantic Capital Partners is pleased to present the opportunity to acquire a Valvoline Instant Oil Change in Owosso, Michigan, positioned along East Main Street. The property benefits from exceptional visibility and traffic in the region’s primary commercial corridor. The 1,479 SF building sits on 0.28 acres and is operated under an absolute NNN lease, offering investors truly passive ownership with zero landlord responsibilities. The lease structure provides reliable, long-term income with built-in rent escalations, growing from $86,826 annually in the current term to over $169,199 annually if all extension options are exercised. This predictable rent growth, paired with Valvoline’s national footprint of nearly 2,000 locations, creates durable cash flow backed by one of the most recognized brands in the automotive service industry.

FOR SALE DETAILS

PRICE

$1,501,000 USD

PRICE/SF

$1,011 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,342 SF

ZONING

-

APN/PARCEL ID

050-470-019-007-00

ASK ABOUT THIS PROPERTY

Danny GriffinAtlantic Capital PartnersMore Info
617-239-3600

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Danny GriffinAtlantic Capital PartnersMore Info
617-239-3600

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