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511 S State Rd
Davison, MI 48423
Monro Auto · Retail Property For Sale
Investment Highlights
- Brand New 10 year renewal
- NN Lease with Limited Landlord Responsibilities
- Retail-Dense Corridor with National Tenants Surrounded by top-performing national brands
- Publicly Traded Tenant (NASDAQ: MNRO) Monro, Inc. is one of the nation's largest automotive service providers
- Long Operating History as an Auto Repair Facility - 2005 Construction
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,772 SF
Building Class
C
Year Built
2005
Price
$2,217,060 CAD
Price Per SF
$327.39 CAD
Cap Rate
6.25%
NOI
$138,563 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.28
Lot Size
0.56 AC
Zoning
C-3
Parking
13 Spaces (1.92 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 52-10-554-040 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $596,116 CAD |
Property Taxes
Parcel Number
52-10-554-040
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$596,116 CAD
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