Auto Repair For Sale • 4,652 SF
| Brand-new 20-year absolute net lease featuring a personal guaranty from the operator |
| 10% rental increases every 5 years providing a hedge against inflation |
| 2nd largest Meineke operator in the country – 39 units currently with plans in place to expand to 100+ |
| Dense residential trade area – 148,000 residents within a 5-mile radius of the subject property |
| Surrounding residents own an average of 2 cars per household, with the 5-mile population spending approximately $8.7M on auto repair annually (CoStar) |
| Subject property features standalone frontage on Stadium Drive – the main retail thoroughfare in the trade area |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 7 min | - | 3.0 mi | |
| Airport | Drive | Walk | Distance |
| Kalamazoo/Battle Creek International | 18 min | - | 6.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 25 |
| Type: | Surface |
| Included in Rent: | Yes |