Christian Brothers Automotive
Retail | 6.00% CAP | 5,810 SqFt
Marketing description
Christian Brothers Automotive – Grand Rapids, MI presents the opportunity to acquire a newly constructed (2021) single-tenant net leased investment occupied by a nationally recognized automotive service operator with a long-term corporate lease structure. The property is secured by an Absolute NNN lease with zero landlord responsibilities and over 10 years remaining on the initial lease term, providing investors with durable passive income and built-in annual rent increases.
Situated along Plainfield Avenue NE, the property benefits from exceptional visibility with traffic counts exceeding 33,000 vehicles per day and direct connectivity to Interstate 96 and U.S. Route 131. The site is positioned as a Lowe’s shadow-anchored outparcel within North Kent Shopping Center alongside national retailers including Dollar Tree and Dunham’s Sports, supporting strong consumer traffic and long-term real estate fundamentals.
Christian Brothers Automotive operates more than 300 locations across 30+ states and has built a strong reputation as a premium automotive maintenance and repair provider. The tenant offers a comprehensive range of services for gas, hybrid, and electric vehicles, positioning the business to benefit from recurring demand within the essential automotive service sector. The company has continued to expand nationally while maintaining strong customer satisfaction rankings and operational consistency.
Located within the Grand Rapids metropolitan area — one of the Midwest’s strongest regional economies — the investment benefits from continued population growth, strong household incomes, and a diversified employment base anchored by healthcare, manufacturing, logistics, and professional services.
Investment highlights
- Absolute NNN Lease Structure – No Landlord Responsibilities
- Long-Term Corporate Lease with Over 10 Years Remaining
- 1.50% Annual Rental Increases Throughout Primary Term
- 2021 Construction Offering Minimal Near-Term Capital Needs
- Christian Brothers Automotive Operates 300+ Locations Across 30+ States
- Essential-Service Tenant Providing Automotive Repair & Maintenance
- Full-Service Operator Supporting Gas, Hybrid & Electric Vehicles
- Positioned Along Plainfield Avenue NE with 33,000+ Vehicles Per Day
- Direct Access to Interstate 96 & U.S. Route 131
- Lowe’s Shadow-Anchored Location Within North Kent Shopping Center
- Surrounding National Retailers Include Dollar Tree and Dunham’s Sports
- Affluent Demographics with Average Household Incomes Exceeding $120,000 Within 3 Miles
- Located in the Growing Grand Rapids MSA with Strong Economic Fundamentals
- Passive Investment Opportunity with Stable Cash Flow and Built-In Rent Growth
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