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5010 Miller Rd
Flint, MI 48507
Retail Property For Sale
Investment 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
- 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
- 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
- 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
- Landlord is responsible for roof, structure, and parking lot replacement (not maintenance). The roof was recently replaced, reducing future capex expo
- Located adjacent to national retailers like Target, Chipotle, Panera, Jimmy John's, PetSmart, Big Lots, and Panda Express.
Executive Summary
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.
?? 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.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,137 SF
Building Class
C
Year Built
1972
Price
$1,485,223 CAD
Price Per SF
$359.01 CAD
Cap Rate
6.35%
NOI
$94,283 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.64 AC
Opportunity Zone
Yes
Parking
21 Spaces (5.08 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signalized Intersection
Property Taxes
| Parcel Number | 07-29-577-016 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $576,408 CAD |
Property Taxes
Parcel Number
07-29-577-016
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$576,408 CAD
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