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260 S Main St
Lapeer, MI 48446

$1,641,000 USD

Service Station For Sale  •  1,560 SF

Property Details

• Property Type Service Station
• Total Building Size 1,570 SF
• Lot Size 0.31 AC
• Building Class C
• Year Built 1986
• Cap Rate 5.75 %
• Tenancy Single
• Zoning B2 GEN

0 Transit Score

74 Walk Score

Highlights

RARE, 20-YR LEASE (CORPORATE TAKEOVER)

DETROIT MSA LOCATION

ABSOLUTE NNN LEASE STRUCTURE

HIGH-VISIBILITY CORRIDOR SITE

BUILT-IN RENT GROWTH

NATIONALLY RECOGNIZED CORPORATE TENANT

Property Flyers

Lapeer MI - Valvoline OM - compressed

Cap Rate:

5.75 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Lapeer Lube Express

Amenities

• Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
Lapeer Amtrak Station (Blue Water - Amtrak)	2 min	17 min	0.9 mi
Airport	Drive	Walk	Distance
Bishop International	41 min	-	28.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	3
Type:	Surface
Included in Rent:	Yes