Commercial Real Estate in Leonard available for sale
Leonard NNN Properties For Sale

NNN Properties for Sale within 50 kilometers of Leonard, MI, USA

More details for 28810 Northwestern Hwy, Southfield, MI - Specialty for Sale

El Car Wash - 28810 Northwestern Hwy

Southfield, MI 48034

  • NNN Property
  • Specialty for Sale
  • $12,593,700 CAD
  • 4,284 SF

Southfield Specialty for Sale

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a new construction single tenant El Car Wash located at 28810 Northwestern Highway in Southfield, Michigan (the “Property”). This is a sale-leaseback of a free-standing single tenant El Car Wash consisting of a single-story 4,284 square foot building on a 1.49-acre corner parcel. El Car Wash will sign a new 20-year Absolute NNN Lease, with six (6), 5-year renewal options upon the close of escrow. The lease calls for attractive 2.0% annual rent increases throughout the base term and each of the renewal options. The new construction property is extremely well located at the signalized intersection of Northwestern Highway (MI Route 10) and W 12 Mile Road, two of the area’s primary commercial and commuter corridors. The Property enjoys outstanding visibility, frontage and access (from both roadways) and is in the center of a dense trade area that is home to large shopping centers, national and local retailers, restaurants, and medical facilities, all of which drive traffic to the area. El Car Wash is also within minutes of several area schools and is surrounded by office campuses, large apartment communities and residential neighborhoods providing a built-in customer base. Southfield is one of the most prominent suburban business centers in the Detroit metropolitan area, located in Oakland County about 15 miles northwest of downtown Detroit.

Contact:

Horvath & Tremblay

Property Subtype:

Car Wash

Date on Market:

2026-06-09

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More details for 3754 Rochester Rd, Troy, MI - Retail for Sale

Fifth Third Bank | Absolute NNN Ground Lease - 3754 Rochester Rd

Troy, MI 48083

  • NNN Property
  • Retail for Sale
  • $3,380,709 CAD
  • 4,200 SF
  • Energy Star Labeled

Troy Retail for Sale - Troy South

We are pleased to present the opportunity to acquire a single-tenant, absolute triple-net (NNN) ground lease Fifth Third Bank located in Troy, Michigan, one of the most affluent and densely populated suburbs within the Detroit MSA. The property is 100% leased to Fifth Third Bank, National Association, an investment-grade rated financial institution (S&P: A-) and subsidiary of Fifth Third Bancorp (NASDAQ: FITB), providing stable passive income backed by a nationally recognized banking platform. The offering features approximately 7.2 years of firm lease term remaining with four additional 5-year renewal options containing 10% rental increases at each option period, creating long-term income growth and inflation protection. The lease is structured as an absolute NNN ground lease with zero landlord responsibilities, including roof, structure, taxes, insurance, and maintenance, providing truly passive ownership. The property is strategically positioned at 3760 Rochester Road, along one of the area's primary commercial corridors with exceptional visibility and traffic exposure. The site benefits from approximately 48,110 vehicles per day along Rochester Road and immediate proximity to Interstate 75, which carries approximately 127,758 vehicles per day, making this one of the strongest retail and commuter corridors within Oakland County. This offering is further differentiated by the branch's exceptional deposit base exceeding $103 million, demonstrating strong in-place operating performance and long-term commitment to the location. Within the banking sector, branch deposits remain one of the strongest indicators of branch viability and long-term occupancy stability. Situated on a large 1.55-acre parcel in an affluent suburban trade area, the property is surrounded by dense residential communities, major employers, and a strong concentration of national retailers and service-oriented businesses throughout the Rochester Road and Troy retail corridor, including Target, Meijer, Kroger, Starbucks, Chick-fil-A, Costco, Walmart, The Home Depot, Lowe's, and numerous additional national retailers supporting daily consumer traffic. The surrounding corridor functions as a dominant retail and commuter node serving Troy, Rochester Hills, Birmingham, and the broader northern Detroit suburbs. Troy is widely regarded as one of Michigan's premier business and retail markets, anchored by a highly educated population, strong household incomes, and a diverse employment base supported by automotive, financial services, technology, healthcare, and corporate headquarters operations. This offering represents a rare opportunity to acquire an investment-grade absolute NNN ground lease bank asset in a premier Midwest suburban market, combining passive cash flow, contractual rent growth, strong branch fundamentals, and institutional-quality real estate. Exclusively Listed in association with Brian Brockman | License No. 6502428679

Contact:

Charter Realty Company

Property Subtype:

Bank

Date on Market:

2026-05-26

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More details for 22200 W Grand River Ave, Detroit, MI - Retail for Sale

22200 W Grand River Ave

Detroit, MI 48219

  • NNN Property
  • Retail for Sale
  • $2,189,904 CAD
  • 9,476 SF
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More details for 30550 Eight Mile Rd, Farmington Hills, MI - Industrial for Sale

State Fabricators - 30550 Eight Mile Rd

Farmington Hills, MI 48336

  • NNN Property
  • Industrial for Sale
  • $7,501,647 CAD
  • 26,571 SF

Farmington Hills Industrial for Sale - Farmington/Farm Hills

MISSION CRITICAL MANUFACTURING HEADQUARTERS WITH VITAL IOS COMPONENT | STICKY TENANT * StateFab has maintained its corporate headquarters and primary manufacturing operations in Farmington Hills for more than half a century. The Farmington Hills property serves as StateFab’s Corporate Headquarters and main manufacturing center, containing most of the firm’s equipment, staff, engineering workflows, and fabrication output. The facility is operationally mission critical (see Tenant Profile section in OM for full details). *The property’s ±2.50 acre IOS yard is vital to StateFab’s operations, providing essential staging and storage capacity for oversized steel fabrications and allowing the company to efficiently manage multi month production cycles and just in time deliveries that cannot be supported without significant outdoor operational space. This outdoor operational flexibility is not easily replicated within the market. STRONG, ESTABLISHED TENANT | CORPORATE GUARANTY | PASSIVE ABSOLUTE NNN LEASE | LONG TERM WALT State Fabricators (“StateFab”) is a long standing, highly specialized metal fabrication operator with more than 60 years in business serving automotive, conveyor, robotics, government, and industrial markets. *The Lease is backed by a corporate guaranty from Integrated Manufacturing Group, LLC, providing additional credit strength beyond the operating entity. The lease features: -±12.70 years of remaining WALT, offering investors long term passive cash flow. -Attractive 3% annual increases providing solid NOI growth and a hedge against inflation. -Absolute NNN lease structure requires ZERO landlord responsibilities. STRATEGIC LOCATION PAIRED WITH HIGHLY FUNCTIONAL INDUSTRIAL MFG. BUILDING SPECS *Prime Northwest Detroit suburban location with immediate access to I-96, I-275, and M-5, positioned within Oakland County’s deep engineering and skilled trades labor base and surrounded by major automotive and advanced manufacturing employers. The property possesses strong underlying industrial real estate fundamentals including: -Functional ±26,571 SF industrial complex across five buildings, including dedicated paint shop and multi bay production areas. -Efficient loading infrastructure with 13 drive-in doors (up to 16’ x 16’), supporting flexible equipment and material flow. -Robust power capacity with multiple 400–1,200 amp disconnects, 3 phase service, and structural support for 5 ton cranes. LOCATION WITHIN THRIVING FARMINGTON HILLS “NORTHWEST SUBURBS” INDUSTRIAL SUBMARKET OF DETROIT, MI | LOW VACANCY / SCARCE SUPPLY / STRONG RENTS *The property is located within the thriving “Northwest Suburbs” Industrial Submarket of Detroit, MI. The Northwest Suburbs industrial market contains approximately 41 million SF of total industrial inventory. *As of Q1 2026, the vacancy rate in the “Northwest Suburbs” submarket was a mere 4.4% with only 0.8% SF available for Sublet, ZERO (0) SF currently Under Construction=high demand and scarce supply.

Contact:

CBRE

Property Subtype:

Warehouse

Date on Market:

2026-05-05

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More details for 2020 Taylor Rd, Auburn Hills, MI - Office for Sale

TI Group Automotive Systems, LLC Global HQ - 2020 Taylor Rd

Auburn Hills, MI 48326

  • NNN Property
  • Office for Sale
  • $78,933,113 CAD
  • 192,308 SF

Auburn Hills Office for Sale - Pontiac

Institutional-Grade Credit with Global Scale: The Property is 100% leased to TI Group Automotive Systems and backed by a full corporate guarantee from TI Fluid Systems Limited, a globally recognized Tier 1 automotive supplier. The guarantor provides an absolute, unconditional, and irrevocable guarantee of all lease obligations, offering investors durable credit support from an established international platform with deep OEM relationships and significant operational scale. Revenue and EBITDA for 2024 was $3.5B and $414M, respectively. Long-Term, Passive NNN Cash Flow: Investors benefit from a 15-year triple-net (NNN) lease structure with approximately +/-13 years of remaining term, minimizing landlord responsibilities and expense exposure. The lease features annual CPI-based rent escalations (1.5%–3%), providing built-in income growth and an inflation hedge. The offering presents stable in-place cash flow with a Year 1 NOI of $3.8 million and an attractive 6.75% cap rate. Strategic Midwest Manufacturing Location: Located in Auburn Hills, Michigan, the Property sits within one of the most prominent automotive and manufacturing corridors in the United States. The area is home to major OEMs and suppliers, benefiting from a highly skilled labor pool, robust infrastructure, and long-standing industry presence, reinforcing the Property’s strategic importance to the tenant’s operations. Mission-Critical Facility with Proven Tenant Commitment: A ±192,308 SF office, flex, and R&D hub integral to the tenant’s operations, further reinforced by a recent 2024 expansion (48,400 SF expansion)—demonstrating long-term commitment and significant capital investment in the Property. Strong Industrial Market Fundamentals: The ±192,308 SF facility serves as a mission-critical office, flex, and R&D hub supporting the tenant’s engineering and production capabilities. As a key supplier of fluid storage and thermal management systems across ICE, hybrid, and EV platforms, the tenant remains deeply embedded in evolving vehicle architectures. Coupled with the guarantor’s global footprint, high barriers to entry, and entrenched customer relationships, the investment offers long-term income durability supported by essential operations within the automotive supply chain. Attractive Basis & Replacement Cost Advantage: The acquisition offers investors the opportunity to acquire a specialized R&D and flex industrial asset at a basis likely below replacement cost. Given the rising costs of labor, materials, and highly customized buildouts for automotive engineering facilities, replicating this asset would require significant capital and time, reinforcing downside protection.

Contact:

Stream Capital Partners, LLC

Date on Market:

2026-04-15

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More details for 27010 Dequindre Rd, Warren, MI - Retail for Sale

7-Eleven - 27010 Dequindre Rd

Warren, MI 48092

  • NNN Property
  • Retail for Sale
  • $3,114,842 CAD
  • 2,174 SF
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