511 S State Rd - Retail FOR SALE


Davison, MI 48423- Burton/Davison
$1,438,582 USD
248-702-0288
511 S State Rd, Davison, MI for Sale
$1,438,582 USD
Retail - FOR SALE
1/3
null | 6.35% Cap Rate

511 S State Rd
Davison, MI 48423
Burton/Davison


HIGHLIGHTS

  • Monro, Inc. operates over 1,300 locations across 32 states, making it one of the largest tire and auto service providers in the country. A reliable co
  • Purpose-built for Monro, this property has been continuously occupied since 2016, reflecting tenant commitment and location viability.
  • Current lease rate of $13.49/SF is under market for the region. The lease includes 10% rental bumps every 5 years with three (3) renewal options
  • Located 5 minutes from McLaren Flint-Davison Community Medical Center and just 0.3 miles from Ross Medical Education Center
  • Surrounded by top-performing national brands including Walgreens, McDonald’s, Tim Hortons, Domino’s, Applebee’s, Burger King, and more
  • Offered at $1,438,582 with a 6.35% CAP Rate, this opportunity delivers immediate cash flow and upside through future rent escalations

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

$1,438,582 USD

PRICE/SF

$212 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

MONRO AUTO SERVICE & TIRE CENTER

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,602 SF

ZONING

-

APN/PARCEL ID

52-10-554-040

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.