Royal Oak Retail for Sale

Marcus & Millichap is pleased to present a corporate-guaranteed McDonald’s at 32811 Stephenson Highway in Madison Heights, MI, a prime retail corridor within the Detroit MSA. The property delivers stable, passive income backed by McDonald’s Corporation and benefits from +5 years of remaining primary term with a scheduled 5% rent increase on 11/1/2026. The site is a long-operating, legacy McDonald’s featuring a double drive-thru, strong traffic exposure, and direct access from both major cross streets. Strategically positioned along Stephenson Highway, a major north–south commercial artery with connectivity to Interstate 75, the property sits within a dense, established suburban trade area supported by strong population density, high household incomes, and a large daytime employment base. The corridor is anchored by national retailers, hotels, automotive uses, and service-oriented businesses that generate consistent consumer activity and reinforce long-term tenant performance. Originally developed in 1998 and renovated in 2012, the site demonstrates durable operational history and long-term brand commitment. With a replaceable rent structure, corporate credit, and proximity to major regional retail nodes—including Oakland Mall and multiple national big-box centers—the asset offers investors a high-quality net-lease opportunity in one of Metro Detroit’s most active commercial corridors.

Property Subtype:

Fast Food

Date on Market:

2026-05-04

Detroit Retail for Sale - Detroit E of Woodward

Property Subtype:

Auto Dealership

Date on Market:

2026-04-20

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.

Date on Market:

2026-04-15

Warren Retail for Sale - Macomb West

NNN Pro is pleased to present the exclusive listing for a 7-Eleven located at 27010 Dequindre Road, Warren, Michigan 48092. The site consists of roughly 2174 rentable square feet of building space on an estimated 0.69-acre parcel of land. This 7-Eleven is subject to a 39-year Triple Net (NNN) lease, which commenced 8/15/1999. The current annual rent is $122,448 and has scheduled increases of 10.00% in 2033 & Every 5 Years Thereafter.

Property Subtype:

Convenience

Date on Market:

2026-04-10

Southfield Specialty for Sale

Alrig USA is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a Absolute NNN leased, single tenant, corporate guaranteed, El Car Wash investment property located in Southfield, Michigan. The tenant, El Car Wash, will sign a 20-year sale leaseback with six, five-year options to extend, demonstrating their long-term commitment to the site. The lease will be executed upon the closing of the sale to the new owner. The lease features 2% annual rental increases throughout the initial term as well as throughout each option period. The lease is absolute NNN with zero landlord responsibilities making it an ideal investment opportunity for a passive investor. The property is strategically located on the signalized hard corner intersection of 12 Mile Road and Northwestern Highway, which serves over a combined 104,658 vehicles per day. The surrounding area is very densely populated with over 188,280 residents within five miles.

Property Subtype:

Car Wash

Date on Market:

2026-03-06

Farmington Hills Retail for Sale - Farmington/Farm Hills

CVS Pharmacy -Absolute NNN Ground Lease | Farmington Hills, MI | Corporate CVS Credit (9,160+ Locations) | High-Income Trade Area | High Visibility & Traffic Exposure (47K VPD)

Property Subtype:

Drug Store

Date on Market:

2026-02-26

Roseville Retail for Sale - Macomb East

The Snyder Carlton Team is pleased to present the opportunity to purchase an absolute-net-leased Burger King with 10 years of lease term remaining and a nearly 20-year history of successful operation at this location. The operator, GPS Hospitality, is a powerhouse in the restaurant industry. GPS Hospitality has over 475 locations and consistently produces strong above-average sales at this location. This property is situated along a major retail corridor, with an exceptional 63,100 vehicles passing by daily on Gratiot Avenue. The property is an outparcel to the highly successful Macomb Mall, which houses the top Kohl’s in Michigan and a top two Dick’s Sporting Goods. Surrounding tenants include Chick-fil-A (new), Ross, Hobby Lobby, Sam’s Club, and more. With these strong attributes, Burger King Roseville provides an excellent absolute-net-lease investment opportunity in a in a rapidly growing market.

Property Subtype:

Fast Food

Date on Market:

2025-09-17

Macomb Township Retail for Sale - Macomb East

PRICE REDUCED AGAIN - Motivated Seller - Submit All Offers - This offering presents the opportunity to acquire a premier Walgreens-occupied retail asset strategically located in Macomb County, Michigan. The property features a freestanding, purpose-built Walgreens pharmacy with a drive-thru, situated on a high-visibility, signalized corner with strong traffic counts and excellent ingress/egress. The store benefits from dense surrounding residential development, nearby schools, and a robust retail trade area with national tenants. The Walgreens is operated under a long-term, absolute net lease (NNN), with zero landlord responsibilities. The property features durable construction and high-quality Walgreens prototype design, ensuring long-term functionality and minimal capital expenditure risk for ownership. Located in a densely populated suburban area just north of Detroit, the site sees strong daily traffic volumes and benefits from proximity to established residential neighborhoods, schools, and major retail centers. Macomb County continues to demonstrate stable economic growth, rising property values, and ongoing infrastructure investment, reinforcing the strength of the tenant’s location selection. In July 2025, Walgreens Boots Alliance’s U.S. was acquired by Sycamore Partners, a New York-based private equity firm specializing in consumer and retail investments. The acquisition includes over 8,000 Walgreens retail pharmacy locations across the United States. This move is part of Walgreens’ larger restructuring strategy to streamline operations and refocus on its core retail pharmacy business. Under Sycamore’s stewardship, Walgreens is expected to benefit from enhanced capital support and operational discipline, with no disruption to its store-level operations. Leases, staffing, and customer service are expected to remain unchanged at the store level. Sycamore has a strong track record of investing in and growing major retail platforms, including Staples, Belk, and The Limited. This corporate event underscores the long-term viability of the Walgreens brand and enhances the investment profile of single-tenant assets under its banner.

Property Subtype:

Drug Store

Date on Market:

2025-08-03