Retail Business for Sale in Livonia, MI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Livonia, MI 48150

Description

Marcus & Millichap is pleased to present Firestone Complete Auto Care located at 29200 Plymouth Rd in Livonia, Michigan, within the southern I-275 Corridor. The property is secured by a long-term triple-net lease with Firestone Complete Auto Care, a subsidiary of Bridgestone Corporation, which carries an S&P credit rating of A. The lease structure provides investors with passive income and durable long-term cash flow supported by national credit tenancy. The Livonia location benefits from top-tier foot-traffic rankings, placing the site within the top 1 percent nationwide per Placer.ai, and has demonstrated exceptional operating performance supported by long-term occupancy at this location. Firestone has operated at this site for approximately 30 years, underscoring the tenant’s long-standing commitment to the location and the strength of the underlying real estate. The tenant exercised its most recent lease extension in 2025, further reinforcing long-term tenancy and income continuity. The property has been well maintained, with the landlord recently completing approximately $250,000 in capital improvements, including parking lot and sewer upgrades, further enhancing the condition of the asset and reducing near-term capital expenditure risk for future ownership. The property is located along Plymouth Road, which carries approximately 19,013 vehicles per day, with immediate access to Middlebelt Road, a major north-south arterial serving approximately 43,291 vehicles per day. This positioning provides excellent visibility, strong traffic exposure, and direct connectivity to I-275, supporting consistent customer volumes and long-term tenant performance within the greater Detroit metropolitan area. The immediate trade area features a dense concentration of destination and daily-needs retailers including Costco, Meijer, Walmart, Dick’s Sporting Goods, Menards, Target, Home Depot, and Aldi. This established national retail adjacency reinforces the corridor’s position as

Market Context

This retail in Livonia, MI is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 54 days. Compare it against other retail listings for sale in Livonia, MI — <a href="/search/sale/retail/michigan/livonia">view the full market</a>.

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