Property summary
This Class A, 12,480 square foot auto shop in Plainwell, Michigan, is listed at $1,500,000. Currently leased to Gerber Collision & Glass, a nationally recognized brand with over 700 locations, this property offers a strong, passive investment opportunity. The lease, a Net-Net-Net (NNN) agreement with limited landlord responsibilities, provides a current annual rent of $94,500, increasing to $99,228 in July 2025. This translates to a 6.45% average cap rate. The tenant, Gerber Collision, is… backed by a corporate guarantee from The Boyd Group. The property benefits from recent improvements, including a new roof and a resealed/restriped parking lot (September 2022). Located at 291 12th St, Plainwell, MI 49080, this high-volume store enjoys a prominent position as the only nationally recognized collision repair brand in the local market. To facilitate a smooth transaction, the seller will provide a current Phase I and II environmental report and a survey. This is a rare opportunity to acquire a stable, high-performing asset in a desirable location. The property's strong tenant, recent improvements, and favorable lease terms make it an attractive investment for discerning buyers.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Plainwell market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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