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Auto Parts

Advance Auto Parts

2230 Fort St, Lincoln Park, MI 48146

Listing Price: $1,907,000

Cap Rate
7.00%
Tenant Name
Advance Auto Parts
Years Remaining On Lease
8.3
Gross SF
6,157
Guarantor
Corporate Guarantee
Rentable SF
6,157
Price/Gross SF
$309.73
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$27.03

Investment Overview

Marcus & Millichap is pleased to present this 6,157-square-foot freestanding Advance Auto Parts in Lincoln Park, Michigan. Built-to-suit in 2010 for Advance Auto Parts, the property sits on a 0.94-acre parcel with 28 parking spaces.

Located along Fort Street (M-85), a primary Downriver Detroit corridor with 36,348 vehicles per day and a combined 75,378 vehicles per day at the nearby Fort Street and Southfield Road intersection, the property offers strong visibility and accessibility. Positioned within Lincoln Park—known as the “Crossroads of Downriver”—the site benefits from direct access to Interstate 75, downtown Detroit, the Gordie Howe International Bridge, and Detroit Metropolitan Wayne County Airport.

The surrounding trade area features 130,244 residents within a 3-mile radius, supported by a blue-collar workforce historically tied to the automotive and steel industries. Consumer demand is reinforced by proximity to national retailers including McDonald’s, Aldi, Walgreens, Family Dollar, Meijer, Walmart, along with healthcare providers such as CareFirst Urgent Care and Get Well Urgent Care.

The area is further strengthened by ongoing redevelopment, including the planned transformation of the former Sears site in Lincoln Park. The 15.9-acre property is being redeveloped by A.F. Jonna Development into a mixed-use complex with approximately 110,000 square feet of retail space, multiple commercial buildings, business condominiums, and a four-story hotel. Plans also call for national retailers, including Chick-fil-A, along with other commercial tenants.

Lincoln Park’s consumer base is complemented by regional amenities such as Grosse Ile and Lake Erie Metropark, along with Wayne County’s economic drivers in healthcare, logistics, education, and advanced manufacturing.

Investment Highlights

  • Rare NNN lease with landlord responsibilities limited to the foundation
  • Eight years remaining with seven percent increases in option period
  • High-traffic location with 36,348 vehicles per day along Fort Street (M-85) and a combined 75,378 vehicles per day at the nearby Fort Street and Southfield Road intersection.
  • Densely populated market - 130,244 residents within 3 miles
  • Within proximity to national anchors including Kroger, Meijer, Walmart, and Aldi
  • Centrally positioned in the Downriver Detroit market, the "Crossroads of Downriver," connecting Southgate, Allen Park, Wyandotte, and Taylor
  • Centrally positioned in the Downriver Detroit market, the "Crossroads of Downriver," connecting Southgate, Allen Park, Wyandotte, and Taylor
  • Regional redevelopment underway, including the transformation of the former Sears in Allen Park into a major mixed-use destination

Exclusively Listed By

Auto Parts

Advance Auto Parts

Listing Price: $1,907,000

Cap Rate
7.00%
Tenant Name
Advance Auto Parts
Years Remaining On Lease
8.3
Gross SF
6,157
Guarantor
Corporate Guarantee
Rentable SF
6,157
Price/Gross SF
$309.73
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$27.03

Investment Highlights

  • Rare NNN lease with landlord responsibilities limited to the foundation
  • Eight years remaining with seven percent increases in option period
  • High-traffic location with 36,348 vehicles per day along Fort Street (M-85) and a combined 75,378 vehicles per day at the nearby Fort Street and Southfield Road intersection.
  • Densely populated market - 130,244 residents within 3 miles
  • Within proximity to national anchors including Kroger, Meijer, Walmart, and Aldi
  • Centrally positioned in the Downriver Detroit market, the "Crossroads of Downriver," connecting Southgate, Allen Park, Wyandotte, and Taylor
  • Centrally positioned in the Downriver Detroit market, the "Crossroads of Downriver," connecting Southgate, Allen Park, Wyandotte, and Taylor
  • Regional redevelopment underway, including the transformation of the former Sears in Allen Park into a major mixed-use destination

Investment Overview

Marcus & Millichap is pleased to present this 6,157-square-foot freestanding Advance Auto Parts in Lincoln Park, Michigan. Built-to-suit in 2010 for Advance Auto Parts, the property sits on a 0.94-acre parcel with 28 parking spaces. Located along Fort Street (M-85), a primary Downriver Detroit corridor with 36,348 vehicles per day and a combined 75,378 vehicles per day at the nearby Fort Street and Southfield Road intersection, the property offers strong visibility and accessibility. Positioned within Lincoln Park—known as the “Crossroads of Downriver”—the site benefits from direct access to Interstate 75, downtown Detroit, the Gordie Howe International Bridge, and Detroit Metropolitan Wayne County Airport. The surrounding trade area features 130,244 residents within a 3-mile radius, supported by a blue-collar workforce historically tied to the automotive and steel industries. Consumer demand is reinforced by proximity to national retailers including McDonald’s, Aldi, Walgreens, Family Dollar, Meijer, Walmart, along with healthcare providers such as CareFirst Urgent Care and Get Well Urgent Care. The area is further strengthened by ongoing redevelopment, including the planned transformation of the former Sears site in Lincoln Park. The 15.9-acre property is being redeveloped by A.F. Jonna Development into a mixed-use complex with approximately 110,000 square feet of retail space, multiple commercial buildings, business condominiums, and a four-story hotel. Plans also call for national retailers, including Chick-fil-A, along with other commercial tenants. Lincoln Park’s consumer base is complemented by regional amenities such as Grosse Ile and Lake Erie Metropark, along with Wayne County’s economic drivers in healthcare, logistics, education, and advanced manufacturing.

Exclusively Listed By

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