Auto Service - Gas-Conv
Tuffy Tire Auto & Service Center
11524 N Saginaw Rd, Clio, MI 48420
Listing Price: $340,426
Investment Overview
Tuffy Auto & Service Center is located on North Saginaw Road in Clio, MI, situated off Route 57 that intersects with Interstate 75 less than 3 miles from the property location. With over 11,000 +/- Vehicles Per Day along North Saginaw Road, this Tuffy property is positioned near the main thoroughfares throughout Clio. Population growth in the area surrounding 3 miles is expected to increase by 2028, demonstrating strong resident demographics. Retailers near the immediate area include Exxon, Sunoco, Rite Aid, and Dairy Queen. The subject property is a 3460 square foot 5-bay building on a parcel size of 0.34 acres.
Tuffy’s Absolute NNN Lease Structure with zero landlord responsibilities and long-term historical occupancy at the location demonstrates a strong investment opportunity. Tuffy recently executed a 10-year base term beginning April 4th, 2022. The lease has four (4) 5-Year Options for Tenant Renewal and favorable 6% rental increases every 5 years. The Guarantor on the lease is Mavis Tire Supply LLC, the parent company of Tuffy Tire Auto & Service Center, Mavis Discount Tire.
Investment Highlights
- Lease Commenced on April 4th, 2022, and has 8+ years remaining on the base term. The lease has four (4) - 5-year options for renewal with 6% rental escalations every 5 years.
- The lease is corporately backed by Mavis Tire Supply LLC, who is the Guarantor of Tuffy.
- Tuffy Auto & Service has long term historical tenancy at the site location and surrounded by national tenants.
Exclusively Listed By
Broker of Record
-
Steven Chaben
Senior Vice President / Regional Manager
Financing By
Listing Price: $340,426
Investment Highlights
- Lease Commenced on April 4th, 2022, and has 8+ years remaining on the base term. The lease has four (4) - 5-year options for renewal with 6% rental escalations every 5 years.
- The lease is corporately backed by Mavis Tire Supply LLC, who is the Guarantor of Tuffy.
- Tuffy Auto & Service has long term historical tenancy at the site location and surrounded by national tenants.
Investment Overview
Tuffy Auto & Service Center is located on North Saginaw Road in Clio, MI, situated off Route 57 that intersects with Interstate 75 less than 3 miles from the property location. With over 11,000 +/- Vehicles Per Day along North Saginaw Road, this Tuffy property is positioned near the main thoroughfares throughout Clio. Population growth in the area surrounding 3 miles is expected to increase by 2028, demonstrating strong resident demographics. Retailers near the immediate area include Exxon, Sunoco, Rite Aid, and Dairy Queen. The subject property is a 3460 square foot 5-bay building on a parcel size of 0.34 acres. Tuffy’s Absolute NNN Lease Structure with zero landlord responsibilities and long-term historical occupancy at the location demonstrates a strong investment opportunity. Tuffy recently executed a 10-year base term beginning April 4th, 2022. The lease has four (4) 5-Year Options for Tenant Renewal and favorable 6% rental increases every 5 years. The Guarantor on the lease is Mavis Tire Supply LLC, the parent company of Tuffy Tire Auto & Service Center, Mavis Discount Tire.
Exclusively Listed By
Broker of Record
-
Steven Chaben
Senior Vice President / Regional Manager
Financing By

