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Rank #25 of 3156/100 · STRONG

SpeedwayAbsolute NNN

5550 Fenton Rd, Flint, MI

Cap Rate5.25%
Asking$5,846,000
Annual Rent$306,909
Term Remaining13.3 yrs

Location Scorecard Fortis model · STRONG

Traffic (AADT)13,314 (2025)
Population (3 mi)27,684
Avg HH income (3 mi)$69,624
Daytime jobs (3 mi)22,739
Fuel competitors (1 mi)5
CountyGenesee County

Lease & Rent

Tenant / bannerSpeedway
Lease structureAbsolute NNN
Lease expirationDec 2039
Term remaining13.3 yrs
Rent escalations1.0% annually
Renewal options4 x 5-year (lease summary workbook)

Financials

Annual rent$306,909
Asking price$5,846,000
Cap rate5.25%
Building SF2,339
Price / SF$2,499

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)