Investment Overview

Built in 1980, this Tuffy Auto & Service Center is strategically positioned on South Euclid Avenue in Bay City, MI, situated directly on I-75B and less than 2 miles from I-75, a major throughfare throughout Eastern Michigan. With approximately 23,000 +/- Vehicles Per Day along South Euclid Avenue, this Tuffy store benefits from visibility along a strong retail corridor of Saginaw. Neighboring retailers include Walgreen’s, Hungry Howie’s, McDonalds, and Rite Aid as well as many others. The subject property is a 5680 square foot 8-bay building on approximately 0.42 acres. This investment opportunity brandishes very favorable lease terms with an initial 20-year base term and operating history. The property began a freshly executed 10-year base term commenced on June 1st, 2023. The lease has two (2) 5-Year Options for Tenant Renewal and significant 7.5% rental increases every 5 years. The Guarantor on the lease is Gimex Properties Corp. Inc., a direct subsidiary of Tuffy Corporate, who is under an Absolute NNN Lease providing for zero landlord responsibilities.