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Valvoline - Midland, MI 1115 S Saginaw Rd

1,215 SF 100% Leased Retail Building Midland, MI 48640 £728,555 (£600/SF) 6.30% Net Initial Yield

Investment Highlights

  • Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • Situated Near Major Highways (U.S. 10), Midland Offers Easy Access to Other Key Cities in Michigan Like Saginaw, Bay City & Lansing
  • Valvoline is One of the Most Recognized and Trusted Brands in the Automotive Services Industry
  • Midland Has a Stable Population With Moderate Growth, Ensuring a Consistent Demand For Commercial Spaces

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the 1,215 SF Valvoline Located at 1115 South Saginaw Road in Midland, MI. This Deal Includes a Triple Net (NNN) Lease With Zero Landlord Responsibilities and an Opportunity to Work With a Growing and Strong Operator, Providing For a Secure Investment.

IN COOPERATION WITH: Sands Investment Group Michigan, LLC - Lic. # 6505424119 31235 Harper Avenue, St. Clair Shores, MI 48082 Direct# 586.210.6178 Broker of Record: Max Freedman - MI Lic. # 6502424113

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
1,215 SF
Year Built
2000
Price
£728,555
Price Per SF
£600
Net Initial Yield
6.30%
NOI
£45,899
Percent Leased
100%
Number of Floors
1
Building FAR
0.09
Land Acres
0.30 AC
Opportunity Zone
Yes
Zoning
RC

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Valvoline
  • Retailer
  • 1,215 SF
  • £37.86
  • Triple Net
  • Nov 2034
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Valvoline Retailer 1,215 SF £37.86 Triple Net Nov 2034
Walk Score ®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-15-60-022
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£90,699
  • Listing ID: 33294783

  • Date on Market: 25/09/2024

  • Last Updated:

  • Address: 1115 S Saginaw Rd, Midland, MI 48640

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