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Mobil 1 Lube Express NNN
For Sale
Contact for pricing

32 S Platt Road, Milan, MI 48160

Single-tenant NNN auto lube facility with a 15-year lease that began in August 2018.

Property SizeContact for details
Days on Market122

Property Features for 32 S Platt Road

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Fortis Net Lease
Listed By: Patrick Hammond · License #MI 6501373051
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 6:33AM

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 Fortis Net Lease

Investment Insights

Based on property information with market context.

Fortis Net Lease presents a Mobil 1 Lube Express auto lube facility operating under a 15-year NNN lease that commenced in August 2018. The NNN structure indicates the property has no landlord responsibilities.

The property is located at the intersection of Main Street and S. Platt Road in Milan, MI. The surrounding retail area includes national tenants such as Do it Best, Kroger, ACE Hardware, Taco Bell, McDonald's, CVS, Chase Bank, and KFC.

This offering is presented For Sale as a long-term leased net lease investment.

Key Highlights

  • Single‑tenant Mobil 1 Lube Express on S. Platt Road in Milan, MI
  • 15‑year NNN lease commenced in August 2018
  • NNN lease structure: property has no landlord responsibilities

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Law Firm Hair Salon Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby
Well-served
Demand for This Use

Demographics for 48160, MI

14,097
Population
5,224
Households
2.7
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
77.9 sq mi
ZIP Area
181
Density / Sq Mi
$99,383
Median Household Income
$40,170
Median Earnings
$1,097
Median Rent
$251,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Victory Lane Quick Oil Change (Milan) 32 S Platt Rd, Milan, MI 48160

Frequently Asked Questions

What type of property is this?
Auto shop - Single-tenant NNN auto lube facility with a 15-year lease that began in August 2018.
Where is this auto shop located?
The property is located at 32 S Platt Road Milan, MI.
What are key features of this property?
This property features: Single‑tenant Mobil 1 Lube Express on S. Platt Road in Milan, MI; 15‑year NNN lease commenced in August 2018; NNN lease structure: property has no landlord responsibilities
(248) 254-3406 Call to check price and availability
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