Automotive Service Center with NNN
400 S Euclid Ave Bay City, MI 48706
For Sale
Contact for pricing
Pending
A built-in-1980 8-bay service center with an active NNN lease featuring a 20-year base term and renewal options.
Property Size5,680 SF
Lot Size0.42 Acres
Days on Market104
Property Features for 400 S Euclid Ave
General Information
- Standard status
- Pending
- Size
- 5,680 SF
- Lot size
- 0.42 Acres
- Property subtype
- Retail
Listing Agency:
Marcus & Millichap - Jacksonville
(904) 672-1431
Listed By:
Peter Catanzaro · License #FL: SL3410563
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 11:51AM
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 - Jacksonville
Investment Insights
Based on property information with market context.
Built in 1980, the property is a Tuffy Auto & Service Center consisting of a 5,680 square foot, 8-bay automotive service building on approximately 0.42 acres.
The site is located directly on South Euclid Avenue and positioned along I-75B, with less than 2 miles to I-75, supporting visibility on a retail corridor. Nearby retailers include Walgreen’s, Hungry Howie’s, McDonald’s, and Rite Aid.
The investment is offered as an NNN lease with a 20-year initial base term. A freshly executed 10-year base term began June 1, 2023, and the tenant has two 5-year renewal options. Rental increases are scheduled at 7.5% every five years. The guarantor is Gimex Properties Corp. Inc., described as a direct of Tuffy Corporate, under an absolute NNN lease structure providing for zero landlord responsibilities.
The site is located directly on South Euclid Avenue and positioned along I-75B, with less than 2 miles to I-75, supporting visibility on a retail corridor. Nearby retailers include Walgreen’s, Hungry Howie’s, McDonald’s, and Rite Aid.
The investment is offered as an NNN lease with a 20-year initial base term. A freshly executed 10-year base term began June 1, 2023, and the tenant has two 5-year renewal options. Rental increases are scheduled at 7.5% every five years. The guarantor is Gimex Properties Corp. Inc., described as a direct of Tuffy Corporate, under an absolute NNN lease structure providing for zero landlord responsibilities.
Key Highlights
- Built in 1980, Tuffy Auto & Service Center featuring an 8‑bay service building totaling 5,680 SF
- Located on South Euclid Avenue in Bay City, MI directly on I‑75B and less than 2 miles from I‑75
- Approximately 23,000 +/- vehicles per day along South Euclid Avenue
Property Analytics
Location Intelligence
Current Use by Public Records
Tuffy Mufflers
Auto Repair Shop
Tuffy Tire & Auto ...
(Bike/Boat/Book/etc) Store
Similar Off Market Nearby
- Labadie Auto Collision Center — 711 S Euclid Ave, Bay City, MI 48706
- Graff Xpress — 1410 s euclid ave, bay city, mi 48706
- Bernelis Garage (Former J & J Collision Inc) — 1207 S Euclid Ave, Bay City, MI 48706
- Labadie Auto Service Center — 711 S Euclid Ave, Bay City, MI 48706
- Bob's Towing & Recovery, Inc — 906 S Euclid Ave, Bay City, MI 48706
FAQs
What type of property is this?
Auto shop - A built-in-1980 8-bay service center with an active NNN lease featuring a 20-year base term and renewal options.
Where is this auto shop located?
The property is located at 400 S Euclid Ave Bay City, MI.
What are key features of this property?
This property features: Built in 1980, Tuffy Auto & Service Center featuring an 8‑bay service building totaling 5,680 SF; Located on South Euclid Avenue in Bay City, MI directly on I‑75B and less than 2 miles from I‑75; Approximately 23,000 +/- vehicles per day along South Euclid Avenue
