Mobil 1 Lube Express
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Mobil 1 Lube Express
7 Retail Properties Offered at $4,624,107 CAD in Multiple Locations
Investment Highlights
- 7 Property Master Lease Portfolio - Various Properties Across Michigan
- 10+ Years Remaining on the Lease Equipped with Increases Every 5 Years - Increases are the Lesser of 7% or 1.25X the Change in CPI
- Adaptable Locations - Strong Locations Offer Future Development Potential and in Strong Retail Corridors in Various Michigan Markets
- Absolute NNN Lease with Zero Landlord Responsibilities - True "Mailbox Management" Assets
- Strong Locations: Strategically Positioned Buildings Designed to Attract Steady Retail Traffic
- Tenant has a Personal Guaranty on the Lease
Executive Summary
Diverse Locations: Multiple Properties Across Prime Michigan Cities, Ideal for Retail and Free-standing Use
Investment-grade Assets: Strategically Positioned Buildings Designed to Attract Steady Retail Traffic
Adaptable Sizes: Each Building Offers Versatile Layouts Suited for Various Retail Operations
Established Construction: Built for Longevity With Solid Structures Across All Properties
High Visibility: All Properties Are Located on Major Roads, Ensuring Consistent Customer Exposure
Ample Parking Options: Convenient on-site Parking for Easy Customer Access
Signage Potential: Prominent Signage Opportunities to Increase Brand Visibility
Low Overhead Spaces: Properties Sized for Efficient Operation and Manageable Upkeep Costs
Attractive Cap Rates: Designed to Generate Passive Income for Retail-focused Investors
Owner and Investor Appeal: Ideal for Owner-operators or Those Seeking Reliable Retail Income
Investment-grade Assets: Strategically Positioned Buildings Designed to Attract Steady Retail Traffic
Adaptable Sizes: Each Building Offers Versatile Layouts Suited for Various Retail Operations
Established Construction: Built for Longevity With Solid Structures Across All Properties
High Visibility: All Properties Are Located on Major Roads, Ensuring Consistent Customer Exposure
Ample Parking Options: Convenient on-site Parking for Easy Customer Access
Signage Potential: Prominent Signage Opportunities to Increase Brand Visibility
Low Overhead Spaces: Properties Sized for Efficient Operation and Manageable Upkeep Costs
Attractive Cap Rates: Designed to Generate Passive Income for Retail-focused Investors
Owner and Investor Appeal: Ideal for Owner-operators or Those Seeking Reliable Retail Income
Property Facts
| Price | $4,624,107 CAD | Number of Properties | 7 |
| Price / SF | $357.13 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 8% | Total Building Size | 12,948 SF |
| Sale Type | Investment | Total Land Area | 3.69 AC |
| Status | Active |
| Price | $4,624,107 CAD |
| Price / SF | $357.13 CAD / SF |
| Cap Rate | 8% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 7 |
| Individually For Sale | 0 |
| Total Building Size | 12,948 SF |
| Total Land Area | 3.69 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Lapeer Lube Express
260 S Main St, Lapeer, MI 48446 |
Retail | 1,560 SF | 1986 | - |
| 33032 Dequindre Rd, Sterling Heights, MI 48310 | Retail | 1,421 SF | 1960 | - |
| 3320 Rochester Rd, Royal Oak, MI 48073 | Retail | 2,020 SF | 1987 | - |
| 4627 Fenton Rd, Flint, MI 48507 | Retail | 2,500 SF | 1960 | - |
| 301 E Main St, Owosso, MI 48867 | Retail | 1,484 SF | 1983 | - |
| 3044 W Houghton Lake Dr, Houghton Lake, MI 48629 | Retail | 1,156 SF | 1990 | - |
| 2525 W Hill Rd, Flint, MI 48507 | Retail | 2,807 SF | - | - |
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Contacts
-
Deno Bistolarides -
Sal Yaldo -
Ayson Shammami -
Encore Real Estate Investment Services
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Mobil 1 Lube Express
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