Active
Sale
Retail
ID 947e57db
Monro Auto Service & Tire Center
511 S State Rd, Davison, MI 48423
For Sale
$1,607,800$237.42/SF
- Building Size
- 6,772 SF
- Lot Size
- 0.53 ac
- County
- Genesee
- Listed
- 08/11/2026
- Updated
- 08/11/2026
Overview
- Brand New 10-Year Renewal Demonstrates Commitment to the Location - Monro recently executed a new 10-year lease renewal, highlighting its long-term commitment to the site and confidence in the market.
- Publicly Traded Tenant (NASDAQ: MNRO) Monro, Inc. is one of the nation's largest automotive service providers, operating approximately 1,300 locations across multiple brands throughout the United States.
- NN Lease with Limited Landlord Responsibilities Tenant is responsible for taxes, insurance, and CAM. Landlord obligations are limited to roof (Brand New Roof 2025,) structure, and parking lot replacement - recent upgrades reduce near-term capital exposure.
- Long Operating History as an Auto Repair Facility - 2005 Construction
- The lease includes 10% rental bumps in the two (2) renewal options - providing a stable, escalating income stream.
- Retail-Dense Corridor with National Tenants Surrounded by top-performing national brands including Walgreens, McDonald’s, Tim Hortons, Domino’s, Applebee’s, Burger King, and more - positioning the asset within a highly synergistic retail cluster.
- Highway Connectivity and Accessibility Easy access to I-69 and US-23, with strong visibility and accessibility for both local residents and regional commuters.
Additional Information
- City
- Davison
- State
- MI
- Zip Code
- 48423
- Zoning
- C-3
- Parcel APN
- 52-10-554-040
- Listing ID
- 947e57db
- City
- Davison
- State
- MI
- Zip Code
- 48423
- Zoning
- C-3
- Parcel APN
- 52-10-554-040
- Listing ID
- 947e57db
