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1845 N Wayne Rd
Westland, MI 48185

$2,406,000 USD

Auto Repair For Sale  •  11,830 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 11,830 SF
  • Lot Size 1.18 AC
  • Building Class C
  • Year Built 1960
  • Tenancy Single
  • Zoning CB-4, Vehicle Service
0 Transit Score
73 Walk Score

Highlights

Long-term lease structure provides durable, predictable cash flow with zero landlord responsibilities
Tenant is responsible for roof, parking lot, HVAC, CAM, taxes, and insurance, eliminating capital expenditure and operating risk
Lease is guaranteed by Marcor – a 37-unit Meineke operator (Marcor is the Second Largest Meineke Operator)
10% rental increases every 5 years, delivering consistent NOI growth and inflation protection throughout the primary term
Lease runs through November 2045, offering nearly two decades of secure income with renewal options thereafter
Meineke provides non-discretionary automotive services, supporting stable performance across economic cycles

Property Flyers

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
Detroit Metro Wayne County 21 min - 12.0 mi
Windsor International 53 min - 33.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 25
Type: Surface
Included in Rent: Yes
Sal Yaldo 248-579-5045 APEX Commercial Real Estate Advisors
Sal Yaldo 248-579-5045 APEX Commercial Real Estate Advisors