Ira NNN Properties For Sale

More details for 37750 Twenty-Six Mile Rd, New Baltimore, MI - Retail for Sale

GPM Investments - 37750 Twenty-Six Mile Rd

New Baltimore, MI 48047

NNN Property
Retail for Sale
$2,012,570 CAD
2,392 SF

New Baltimore Retail for Sale - Macomb East

LONG-TERM COMMITMENT: The Property is a rare fee simple convenience store subject to a lease with 18 years remaining in the primary term and four (4) five-year renewal options STRONG CORPORATE GUARANTEE: The lease is backed by GPM Investments, a leading convenience store operator with approximately 1,400+ company-operated locations and a broader network exceeding 3,000 sites nationwide RENTAL INCREASES: Lease offers 2% annual increases providing a strong hedge against inflation BONUS DEPRECIATION: The asset is eligible for 100% bonus depreciation, enabling accelerated depreciation and improved early-year cash flow ZERO LANDLORD RESPONSIBILITIES: Tenant operates under an absolute NNN lease structure, ensuring true passive ownership for investors. All expenses—including taxes, insurance, maintenance, and repairs—are fully covered by the tenant, providing stable income throughout the lease term AFFLUENT LOCAL DEMOGRAPHICS: Site benefits from an average household income of over $101,100 within 3 miles HIGH TRAFFIC CORRIDOR: The Property benefits from excellent visibility along 26 Mile Road, a primary east-west corridor, with traffic counts in excess of 20,000 vehicles per day in the immediate trade area, driven by proximity to I-94 and surrounding retail and residential growth NEARBY NATIONAL RETAILERS: The Property is positioned in close proximity to strong national retailers including Meijer, Wendy’s, Taco Bell, and Tim Hortons

Contact:

Stream Capital Partners

Property Subtype:

Service Station

Date on Market:

2026-06-15

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NNN Property for Sale within 10 kilometers of Ira, MI, USA

New Baltimore Retail for Sale - Macomb East

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