8881 Samuel Barton Dr Van Buren Township, MI 48111

Listing Agency Chicago - Rosemont j***@colliers.com Show Phone

Listed by Peter Block Show Phone

Source Colliers

Added: Apr 15 Updated: Jul 10 at 3:55 pm Checked: Jul 17 at 2:17 am

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Investment Insights

Based on property information with market context.

This is an opportunity to purchase a long-operating Goodyear Tire truck service location in Belleville, Michigan. The tenant has been in possession of the building since 1989. The current lease runs through April 30, 2031, and is guaranteed by Goodyear Tire and its affiliate. The tenant has renewed the lease multiple times and again just recently. This is a passive investment, with Landlord responsible for roof and structure only. There is one remaining option. This property is located in a prime industrial corridor and sits across the highway from a large Visteon facility. The location and facility are strategic because it services trucks and cars. The property is offered at $3,191,894 which translates to a 7.00% cap rate.

Key Highlights

• Long‑term lease in place through April 30, 2031, providing stable income.
• Lease is guaranteed by Goodyear Tire and its affiliate, ensuring financial security.
• Tenant has a long operating history at this location since 1989, demonstrating stability.

Property Analytics

Property Profile Location Intelligence

Similar Off Market Nearby

• Denso International America Inc — 8652 Haggerty Rd, Belleville, MI 48111

FAQs

What type of property is this?

Automotive property - Long-term leased Goodyear Tire truck service location for sale.

Where is this automotive property located?

The property is located at 8881 Samuel Barton Dr Van Buren Township, MI.

What is the asking price?

The asking price for this property is $3,191,894.

What are key features of this property?

This property features: Long‑term lease in place through April 30, 2031, providing stable income.; Lease is guaranteed by Goodyear Tire and its affiliate, ensuring financial security.; Tenant has a long operating history at this location since 1989, demonstrating stability.