5010 Miller Rd - Auto Repair FOR SALE


Flint, MI 48507- South Flint/Grand Blanc
$1,091,666 USD
248-702-0288
5010 Miller Rd, Flint, MI for Sale
$1,091,666 USD
Auto Repair - FOR SALE
1/5
null | 6.35% Cap Rate


HIGHLIGHTS

  • Monro, Inc. operates over 1,300 locations nationwide and is one of the largest automotive service and tire providers in the U.S., ensuring strong name
  • Monro has operated at this location since 2016, demonstrating a commitment to the site. The lease includes three (3) five-year renewal options with sc
  • Prime visibility and access at a high-traffic signalized corner along Miller Road—one of Mid Michigan’s busiest retail corridors—enhancing long-term r
  • Landlord is responsible for roof, structure, and parking lot replacement (not maintenance). The roof was recently replaced, reducing future capex expo
  • Priced at $1,091,666 with a 6.35% CAP Rate. Current rents are below market, providing upside potential at renewal or upon re-tenanting. Low rent basis
  • Located adjacent to national retailers like Target, Chipotle, Panera, Jimmy John's, PetSmart, Big Lots, and Panda Express.

OVERVIEW

Attached are two strong-performing Monro Auto Service & Tire Centers in Mid-Michigan—Flint and Davison. Both properties are available for purchase individually or together as a portfolio. ?? Monro – Flint, MI Address: 5010 Miller Road, Flint, MI Price: $1,091,666 CAP Rate: 6.35% Size: 4,137 SF | 0.64 Acres Lease Type: NN Tenant: Monro Muffler Brake, Inc. (NASDAQ: MNRO) Lease Term Remaining: 1.5 years + (3) 5-year options Highlights: Hard-corner location at a signalized intersection across from Genesee Valley Mall. Dense retail corridor with national tenants (Target, Panera, Chipotle, etc.). Roof recently replaced. ?? Monro – Davison, MI Address: 511 S. State Road, Davison, MI Price: $1,438,582 CAP Rate: 6.35% Size: 6,772 SF | 0.64 Acres Lease Type: NN Tenant: Monro Auto Service & Tire Centers Lease Term Remaining: 1.5 years + (3) 5-year options Highlights: Built-to-suit location, brand new roof (2025), surrounded by strong national retail (Walgreens, McDonald’s, Tim Hortons). Excellent highway access with upside due to below-market rent. Both sites are corporate-backed, well-located, and priced below replacement cost with built-in rent growth. Ideal for investors seeking stabilized income with long-term upside. Please contact Deno Bistolarides at 248.702.0288 to discuss further.

FOR SALE DETAILS

PRICE

$1,091,666 USD

PRICE/SF

$264 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

-

APN/PARCEL ID

07-29-577-016

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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