Listing Summary
Single-tenant Meineke Car Care NNN for sale in Battle Creek, MI ($1,425,000). Absolute NNN lease guaranteed by Marcor through Nov 2045 with 10% rent bumps.
Full Description
Meineke Car Care Center | Absolute NNN Lease Investment | Battle Creek, MI
An outstanding commercial real estate acquisition opportunity featuring a single-tenant 5,720-square-foot automotive retail facility in Battle Creek, Michigan. Offered at an attractive $1,425,000 purchase price, this net-lease property is 100% occupied by Meineke Car Care under an Absolute NNN lease running through November 2045. Guaranteed by Marcor—the largest Meineke franchisee nationwide with 52 locations—this asset offers investors nearly two decades of passive, inflation-protected cash flow with zero landlord management obligations.
Property Specifications & Financial Overview
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Offering Price: $1,425,000
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Building Size: 5,720 Net Rentable SF
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Property Type: Net-Leased Auto Care / Retail Service Facility
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Year Built: 1976 (Meticulously maintained commercial footprint)
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Tenant / Brand: Meineke Car Care
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Guarantor: Marcor (52-Unit Franchisee, Nation's Largest Meineke Operator)
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Lease Type: Absolute NNN (Zero Landlord Responsibilities)
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Rent Escalations: 10% Rental Increases Every 5 Years
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Primary Lease Term Expiration: November 2045 (~19 Years Remaining Term)
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Renewal Options: Multiple Renewal Extension Options Following Primary Term
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Market: Battle Creek, MI
Passive NNN Lease Terms & Top-Tier Operator Guaranty
This offering combines essential, recession-resilient automotive service demand with an institutional-grade net-lease structure:
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Zero Landlord Obligations: The Absolute NNN lease framework holds the tenant 100% responsible for all operating expenses, real estate taxes, property insurance, common area maintenance (CAM), roof replacement, building structure, HVAC systems, and parking lot repairs.
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Contractual Inflation Protection: Scheduled 10% rent bumps every 5 years deliver strong compounding Net Operating Income (NOI) growth and long-term yield enhancement.
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Guaranteed by Premier Franchisee: Backed directly by Marcor, a premier 52-unit operator and the largest franchisee in the nationwide Meineke network, providing enhanced credit safety and income reliability.
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Non-Discretionary Service Demand: Meineke delivers essential vehicle repair and maintenance services, insulated from e-commerce competition and general economic volatility.
High-Traffic Retail Corridor & Battle Creek Submarket Drivers
Situated along a major commercial thoroughfare in Battle Creek, the site enjoys strong visibility, easy customer access, and high surrounding retail synergy:
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Dense Commercial Trade Area: Surrounded by top national retailers and big-box anchors including Target, Meijer, Kroger, Lowe’s, The Home Depot, CVS Pharmacy, Walgreens, McDonald’s, Taco Bell, and Starbucks.
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Local Community Anchors: Located near prominent regional destinations including the Binder Park Zoo and the scenic Leila Arboretum, bringing constant local and visiting traffic to the immediate area.
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Strong Workforce & Population Base: Supported by Battle Creek's diverse industrial, healthcare, and commercial employee base, driving steady year-round vehicle service demand.
Key Investment Highlights
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Long-Term Absolute NNN Lease through November 2045 with zero landlord CapEx or operational risks.
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Corporate-Quality Guarantee by Marcor, the largest Meineke franchisee in the country (52 units).
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10% Rental Increases Every 5 Years driving organic cash flow appreciation over the 19-year remaining primary term.
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Accessible $1,425,000 Entry Price Point for a single-tenant corporate net-lease property.
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Freestanding 5,720 SF Retail Building situated in a high-density, established trade corridor.
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Recession-Resilient Auto Care Use providing stable, predictable performance across all economic cycles.
Quick Glance
- Listing ID:
CL-Michigan-28389
- Status:
Active
- Year Build:
1976
- Building Size:
5,720 SqFt
- Lot Size:
0.80 Acr
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