291 12th St - Auto Repair FOR SALE


Plainwell, MI 49080
$1,500,000 USD
734-846-8045
291 12th St, Plainwell, MI for Sale
$1,500,000 USD
Auto Repair - FOR SALE
1/9
null | 6.45% Cap Rate

291 12th St
Plainwell, MI 49080


HIGHLIGHTS

  • Great Investment opportunity with long term NNN lease tenant in place.
  • High visibility location at 12th St with easy access to Interstate-43.
  • Only nationally recognized collision brand in the Plainwell market. High volume store.

OVERVIEW

$94,500 a yr rent NNN; with an increase in 7/2025 $99,228 a yr rent; 6.45 average cap rate term of the Lease NN Lease with limited landlord responsibilities make this a passive investment. Corporate Guarantee from The Boyd Group. Services Group; Gerber currently operates 700 locations. Roof recently replaced, minimizing long term landlord expenses Parking lot was resealed/restriped in September of 2022. Only nationally recognized collision brand in the Plainwell market. High volume store. Seller will provided a current phase 1 ,2 environmental report and survey.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$120 USD /SF

CAP RATE

6.45%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gerber Collision & Glass

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,548 SF

ZONING

C

APN/PARCEL ID

17-025-113-00

ASK ABOUT THIS PROPERTY

Leo GonzalezCRS Commercial Real Estate ServicesMore Info
734-846-8045

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Leo GonzalezCRS Commercial Real Estate ServicesMore Info
734-846-8045

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.