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Rank #10 of 3173/100 · EXCELLENT

SpeedwayAbsolute NNN

6526 Corunna Rd, Flint, MI

Cap Rate5.25%
Asking$4,781,000
Annual Rent$251,022
Term Remaining12.3 yrs

Location Scorecard Fortis model · EXCELLENT

Traffic (AADT)9,076 (2025)
Population (3 mi)25,664
Avg HH income (3 mi)$94,547
Daytime jobs (3 mi)11,857
Fuel competitors (1 mi)0
CountyGenesee County

Lease & Rent

Tenant / bannerSpeedway
Lease structureAbsolute NNN
Lease expirationDec 2038
Term remaining12.3 yrs
Rent escalations1.0% annually
Renewal options4 x 5-year (lease summary workbook)

Financials

Annual rent$251,022
Asking price$4,781,000
Cap rate5.25%
Building SF2,356
Price / SF$2,029

Financing Scenario

Loan
Down
Debt service
DSCR
Cash-on-cash
Debt yield

NNN — in-place rent treated as NOI. Illustrative only.

Full marketing flyer with demographics, traffic, aerials and lease detail.

Download Property Flyer (PDF)