Midas Auto
New
For Sale
Contact for pricing
531 South Telegraph Road, Monroe, MI 48161
Automotive service property subject to a long-term NNN lease.
Property Size4,500 SF
Price / SF$411.31
Days on Market4
Property Features for 531 South Telegraph Road
General Information
Standard status
Active
Size
4,500 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$104,574
Building Details
Year Built
1978
Buildings
1
Tenancy
Single
Listing Agency:
SURMOUNT
Listed By:
Glen Kunofsky · License #NY 49KU1129178
(332) 345-4222
Source:
Crexi
Added: Aug 31
Changed: Sep 2
Last Checked: Sep 2 at 2:03PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
This automotive service property includes approximately 4,500 rentable square feet of building space and was constructed in 1978. The asset is identified as a Midas location at 531 South Telegraph Road in Monroe, Michigan.
The property is subject to a 20-year Triple Net lease that commenced on September 1, 2026. The lease includes scheduled annual increases beginning in Year 7.
The property is subject to a 20-year Triple Net lease that commenced on September 1, 2026. The lease includes scheduled annual increases beginning in Year 7.
Key Highlights
- Midas‑branded automotive service property
- Approximately 4,500 rentable square feet
- 20‑year Triple Net lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
380
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48161, MI
26,571
Population
12,015
Households
2.2
Avg Household Size
40
Median Age
19%
College-Educated
89%
High-School Grad
44.8 sq mi
ZIP Area
593
Density / Sq Mi
$65,517
Median Household Income
$40,184
Median Earnings
$955
Median Rent
$173,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- A1 Recovery & Towing — 1200 union st, monroe, mi 48161
- Honda Service — 1090 S Telegraph Rd, Monroe, MI 48161
- Muffler Man Monroe — 805 S Telegraph Rd, Monroe, MI 48161
- Victory Lane Quick Oil Change (Monroe, S. Telegraph Road) — 626 S Telegraph Rd, Monroe, MI 48161
- Duffey Towing and Service Center — 633 S Telegraph Rd, Monroe, MI 48161
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive service property subject to a long-term NNN lease.
Where is this auto shop located?
The property is located at 531 South Telegraph Road Monroe, MI.
What is the asking price?
The asking price for this property is $1,850,876.
What are key features of this property?
This property features: Midas‑branded automotive service property; Approximately 4,500 rentable square feet; 20‑year Triple Net lease
