Meineke Car Care Center | Absolute NNN Lease Investment | Flint, MI

An exceptional commercial real estate investment opportunity featuring a single-tenant 5,324-square-foot automotive retail facility in Flint, Michigan. Offered at an attractive $1,376,230 purchase price, this net-lease property is 100% occupied by Meineke Car Care under an Absolute NNN lease running through November 2045. Guaranteed by Marcor—the largest Meineke franchisee nationwide with 52 locations—this asset offers investors nearly two decades of passive, inflation-protected cash flow with zero landlord management responsibilities.

Property Specifications & Financial Overview

• Offering Price: $1,376,230

• Building Size: 5,324 Net Rentable SF

• Property Type: Net-Leased Auto Care / Retail Service Facility

• Year Built: 1987 (Established, well-maintained commercial footprint)

• Tenant / Brand: Meineke Car Care

• Guarantor: Marcor (52-Unit Franchisee, Nation's Largest Meineke Operator)

• Lease Type: Absolute NNN (Zero Landlord Responsibilities)

• Rent Escalations: 10% Rental Increases Every 5 Years

• Primary Lease Term Expiration: November 2045 (~19 Years Remaining Term)

• Renewal Options: Multiple Renewal Extension Options Following Primary Term

• Market: Flint, MI

Passive NNN Lease Terms & Top-Tier Operator Guaranty

This offering combines essential, non-discretionary automotive service demand with an institutional-grade net-lease structure:

• Zero Landlord Obligations: Under the Absolute NNN lease framework, the tenant is 100% responsible for all operating expenses, real estate taxes, building insurance, common area maintenance (CAM), roof replacement, building structure, HVAC systems, and parking lot repairs.

• Contractual Inflation Protection: Scheduled 10% rent bumps every 5 years deliver strong compounding Net Operating Income (NOI) growth and long-term yield enhancement.

• Guaranteed by Premier Franchisee: Backed directly by Marcor, a premier 52-unit operator and the largest franchisee in the nationwide Meineke network, providing enhanced credit safety and income reliability.

• Non-Discretionary Service Demand: Meineke delivers essential vehicle repair and maintenance services, insulated from e-commerce competition and general economic volatility.

High-Traffic Retail Corridor & Flint Submarket Drivers

Situated along a major commercial thoroughfare in Flint, the site enjoys strong visibility, easy customer access, and high surrounding retail synergy:

• Dense Commercial Trade Area: Positioned near top national retailers and big-box anchors including Target, Meijer, Kroger, Lowe’s, The Home Depot, CVS Pharmacy, Walgreens, McDonald’s, Taco Bell, and Starbucks.

• Local Educational & Community Anchors: Located in close proximity to Kettering University, the Flint Farmers' Market, and the bustling downtown district, driving steady daily vehicle traffic.

• Strong Workforce & Population Base: Supported by Flint's revitalizing commercial corridor, healthcare centers, and regional industrial employees, ensuring consistent demand for automotive care.

Key Investment Highlights

• Long-Term Absolute NNN Lease running through November 2045 with zero landlord CapEx or operational risks.

• Corporate-Quality Guarantee by Marcor, the largest Meineke franchisee in the country (52 units).

• 10% Rental Increases Every 5 Years driving organic cash flow appreciation over the 19-year remaining primary term.

• Accessible $1,376,230 Entry Price Point for a single-tenant corporate net-lease property.

• Freestanding 5,324 SF Retail Building situated in a high-density, revitalizing trade area.

• Recession-Resilient Auto Care Use providing stable, predictable performance across all economic cycles.