Investment Overview

Marcus & Millichap is pleased to present Firestone Complete Auto Care located at 29200 Plymouth Rd in Livonia, Michigan, within the southern I-275 Corridor. The property is secured by a long-term triple-net lease with Firestone Complete Auto Care, a subsidiary of Bridgestone Corporation, which carries an S&P credit rating of A. The lease structure provides investors with passive income and durable long-term cash flow supported by national credit tenancy. The Livonia location benefits from top-tier foot-traffic rankings, placing the site within the top 1 percent nationwide per Placer.ai, and has demonstrated exceptional operating performance supported by long-term occupancy at this location. Firestone has operated at this site for approximately 30 years, underscoring the tenant’s long-standing commitment to the location and the strength of the underlying real estate. The tenant exercised its most recent lease extension in 2025, further reinforcing long-term tenancy and income continuity. The property has been well maintained, with the landlord recently completing approximately $250,000 in capital improvements, including parking lot and sewer upgrades, further enhancing the condition of the asset and reducing near-term capital expenditure risk for future ownership. The property is located along Plymouth Road, which carries approximately 19,013 vehicles per day, with immediate access to Middlebelt Road, a major north-south arterial serving approximately 43,291 vehicles per day. This positioning provides excellent visibility, strong traffic exposure, and direct connectivity to I-275, supporting consistent customer volumes and long-term tenant performance within the greater Detroit metropolitan area. The immediate trade area features a dense concentration of destination and daily-needs retailers including Costco, Meijer, Walmart, Dick’s Sporting Goods, Menards, Target, Home Depot, and Aldi. This established national retail adjacency reinforces the corridor’s position as a dominant regional retail destination. The property is situated within a core retail market comprising approximately 19.5 million square feet of retail space within a five-mile radius, a residential population of approximately 296,000, and average household incomes exceeding $85,000. Livonia is one of Metro Detroit’s most established suburban communities, supported by strong infrastructure, a stable residential base, and proximity to major employment centers throughout Wayne County. The diversified local economy includes healthcare, manufacturing, logistics, automotive, and professional services, providing long-term stability. This offering provides investors with the opportunity to acquire a high-performing net-leased asset positioned within a proven suburban retail corridor. The combination of top-tier store performance, investment-grade tenancy, long-term occupancy history, exercised lease extension, recent capital improvements, strong traffic exposure, dense national retail adjacency, and durable market fundamentals supports long-term income stability within one of Metro Detroit’s most established commercial trade areas.