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, MI.
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 CAM above base year costs
- 13.6% 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% based on current asking price of $1,950,000.
- Significant Upside From Below-Market Rent | Current rent is $5.93/SF, well below market average retail rents of $8.89/SF NNN.
- 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 VPD. | Dense population of over 326,000 residents within 5 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 CAM above base year costs
- 13.6% 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% based on current asking price of $1,950,000.
- Significant Upside From Below-Market Rent | Current rent is $5.93/SF, well below market average retail rents of $8.89/SF NNN.
- 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 VPD. | Dense population of over 326,000 residents within 5 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, MI.
Exclusively Listed By
Broker of Record
Financing By
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