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    Multi-Tenant Building with Drive-Thru Title is generated by Realmo AI

    4455 Corunna Rd, Flint, MI

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    4,568-SF multi-tenant building 100% leased in a dense retail area.

    Type:RETAIL
    Property size:
    4,568 SF
    Lot size:
    0.71 Acres
    Price / SF:
    $158/SF
    Added:
    May 20, 2025
    Days on Market:
    392
    Last Refresh:
    May 20 at 9:20 pm

    Property Features for 4455 Corunna Rd

    General Information

    Standard status
    Active
    Size
    4,568 SF
    Lot size
    0.71 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Mark Ruble
    Mark Ruble

    Listing agent Mark Ruble License #(S):AZ:SA550593000,NV:S.0192964

    Listing office Marcus & Millichap | Phoenix

    Listing date May 20, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | Phoenix

    HighLights

    • 100% Leased with NNN Leases: Enjoy a stable income stream with minimal landlord responsibilities.
    • High Traffic Location: Benefit from exceptional visibility at a busy intersection with over 34,200 cars per day.
    • Drive‑Thru: Offers added convenience and potential for increased business.
    • Dense Retail Corridor: Located among major retailers, attracting significant customer traffic.
    • High Population Density: Situated within a trade area of 96,624 residents within a 5‑mile radius.
    • Easily Accessible: Excellent frontage on Corunna Road, a direct route to downtown Flint.

    Overview

    The property is a 4,568-SF multi-tenant building with a drive-thru. It is 100% leased to a diverse tenant profile, all under NNN leases. The location is in a dense retail corridor, surrounded by major tenants such as The Home Depot, Walmart, Sam's Club, and ALDI. The area has a dense population with 96,624 residents within a 5-mile radius in the Flint trade area. The property is easily accessible with excellent frontage along Corunna Road, providing a direct route to downtown Flint. The location is near a busy intersection with more than 34,200 cars per day at the corner of Corunna Road and Linden Road.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $70.7k $15.48
    − Vacancy −$3.0k −$0.65
    EGI $67.7k $14.83
    − OpEx −$20.3k −$4.45
    NOI $47.4k $10.38
    4,568 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $677.4K
    $592.8K – $790.3K (±1% cap)
    NOI $47,420 @ 7.0% cap · market cap 6.55%
    Second Best
    Specialty Retail
    $578.6K
    $506.3K – $675.1K (±1% cap)
    NOI $40,504 @ 7.0% cap · market cap 5.59%
    Theoretical Best
    Office A
    $961.2K
    $841.1K – $1.12M (±1% cap)
    NOI $67,286 @ 7.0% cap · market cap 9.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rally's Restaurant Great Clips Hair Salon

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Flint
    County
    Genesee
    State
    Michigan
    Longitude
    -83.7699
    Latitude
    43.0016

    FAQs

    What type of property is this?
    Strip mall - 4,568-SF multi-tenant building 100% leased in a dense retail area.
    Where is this strip mall located?
    The property is located at 4455 Corunna Rd Flint, MI.
    What is the asking price?
    The asking price for this property is $724,000.
    What are key features of this property?
    This property features: 100% Leased with NNN Leases: Enjoy a stable income stream with minimal landlord responsibilities.; High Traffic Location: Benefit from exceptional visibility at a busy intersection with over 34,200 cars per day.; Drive‑Thru: Offers added convenience and potential for increased business.
    (602) 770-2935 Call to check price and availability
    More about this property
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