Auto Service - Gas-Conv
Maaco Auto Body & Paint
28460 Groesbeck Hwy, Roseville, MI 48066
Listing Price: $1,725,000
Tenant Name
Maaco
Years Remaining On Lease
10.9
Guarantor
Personal Guarantee
Rentable SF
22,276
Lease Type
Double Net
Rent Per Square Feet
$5.93
Investment Overview
Marcus & Millichap is pleased to bring to market the offering for Maaco in Roseville, Michigan.
Maaco Auto Body & Paint
Investment Highlights
- MAACO has Operated at this Location Since 2001, Providing Over 23 Years of Tenancy with a Proven Track Record, and Over 10 Years Remaining on the Current Term
- Double Net Lease with Landlord Responsible for just Roof and Structure, with the Tenant Covering Taxes, Insurance, and Common Area Maintenance Above Base Year Costs
- 13.6 Percent Rental Increase Coming in September 2026 - Current Annual Base Rent of $132,000 Increases to $150,000 in 2026 and $162,000 in 2031, Offering Predictable, Increasing Cash Flow
- Secure Income with Built-In Rent Growth | 2026 Rental Increase Brings Cap Rate to 6.71 Percent Based on Current Asking Price of $1,950,000
- Significant Upside from Below-Market Rent | Current Rent is $5.93 per Square Foot, Well Below Market Average Retail Rents of $8.89 per Square Foot Triple-Net
- Flexible Building and Lot Configuration | 22,276-SF building on 1.32 acres with fee simple ownership—providing long-term control and redevelopment potential.
- Located on Heavily Traveled Groesbeck Hwy in Roseville. The Site Benefits from Strong Visibility and Access to Over 54,000 Vehicles per Day. | Dense Population of Over 326,000 Residents within Five Miles, and a Daytime Population Exceeding 311,000.
- Proximity to Multiple National Tenants such as O'Reilly Auto Parts, Autozone, 7-Eleven, McDonald's, Tim Hortons, Wendy's, Arby's and More
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $1,725,000
Tenant Name
Maaco
Years Remaining On Lease
10.9
Guarantor
Personal Guarantee
Rentable SF
22,276
Lease Type
Double Net
Rent Per Square Feet
$5.93
Investment Highlights
- MAACO has Operated at this Location Since 2001, Providing Over 23 Years of Tenancy with a Proven Track Record, and Over 10 Years Remaining on the Current Term
- Double Net Lease with Landlord Responsible for just Roof and Structure, with the Tenant Covering Taxes, Insurance, and Common Area Maintenance Above Base Year Costs
- 13.6 Percent Rental Increase Coming in September 2026 - Current Annual Base Rent of $132,000 Increases to $150,000 in 2026 and $162,000 in 2031, Offering Predictable, Increasing Cash Flow
- Secure Income with Built-In Rent Growth | 2026 Rental Increase Brings Cap Rate to 6.71 Percent Based on Current Asking Price of $1,950,000
- Significant Upside from Below-Market Rent | Current Rent is $5.93 per Square Foot, Well Below Market Average Retail Rents of $8.89 per Square Foot Triple-Net
- Flexible Building and Lot Configuration | 22,276-SF building on 1.32 acres with fee simple ownership—providing long-term control and redevelopment potential.
- Located on Heavily Traveled Groesbeck Hwy in Roseville. The Site Benefits from Strong Visibility and Access to Over 54,000 Vehicles per Day. | Dense Population of Over 326,000 Residents within Five Miles, and a Daytime Population Exceeding 311,000.
- Proximity to Multiple National Tenants such as O'Reilly Auto Parts, Autozone, 7-Eleven, McDonald's, Tim Hortons, Wendy's, Arby's and More
Investment Overview
Marcus & Millichap is pleased to bring to market the offering for Maaco in Roseville, Michigan.
Exclusively Listed By
Broker of Record
Financing By
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