For Sale $2,400,000
Property Type Retail - Strip
Property Size 37,525 SF
Date Updated Jan 19, 2024

37,525 SF retail shopping center for sale! Property situated nearby I-75 Property sits adjacent to Walmart and Sam's Club Exceptional retail synergy on Bay Rd & TittabawasseeDiscover the potential of 567 1-57 19 Bay Rd, Saginaw, MI 48604, a prime investment property now available for sale at $2,400,000. This 37,525 SF retail shopping center presents an excellent opportunity for real estate investors looking for a value-add venture. Situated near I-75, this property offers high visibility and convenient access. Its strategic location adjacent to Walmart and Sam's Club ensures exceptional retail synergy, attracting a steady flow of customers. The property's address on Bay Rd & Tittabawassee provides further exposure for any business. With a cap rate of 6.25% and a NOI of $150,089, this investment promises attractive returns. Reimagine and revitalize this retail space to maximize its potential, capitalizing on the strong growth potential of Saginaw, MI. Don't miss out on this incredible value-add opportunity.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

Price at only $64 PSF!
Property situated nearby I-75
Property sits adjacent to Walmart and Sam's Club
Exceptional retail synergy on Bay Rd & Tittabawassee

Contacts

George Abro

Altitude Commercial Real Estate

(248) 781-8076

Location

Getting Around

Walk Score ®
43/100 Car-Dependent
Bike Score ®
70/100 Very Bikeable

Map
Street

City Saginaw, MI
Neighborhood Kochville
Zip Code 48604

Points of Interest

Sam's Club

0.13 miles
Marathon

0.88 miles
Speedway

1.08 miles
7-Eleven

1.21 miles
7-Eleven

1.23 miles
Speedway

1.28 miles
Admiral Petroleum

2.02 miles
SpeedyQ Markets

2.28 miles
Shell

3.05 miles
BP

3.09 miles

University Village West Parking

1.33 miles
Lot A

1.51 miles
Lot J3

1.52 miles
Lot J4

1.54 miles
Lot J2

1.58 miles
Campus Facilities

1.58 miles
Lot L

1.61 miles
Lot R

1.61 miles
Lot J1

1.62 miles
Lot K

1.64 miles

Jet's Pizza

0.01 miles
Famous Dave's

0.07 miles
Tropical Smoothie Cafe

0.08 miles
Hooters

0.22 miles
Culver's

0.39 miles
Firehouse Subs

0.57 miles
Qdoba

0.57 miles
Chuck E. Cheese's

0.64 miles
McDonald's

0.71 miles
Bob Evans

0.71 miles

Walmart Supercenter

0.31 miles
ALDI

0.48 miles
Target

0.59 miles
Gordmans

0.62 miles
Big Lots

0.70 miles
Kohl's

0.71 miles
Meijer

0.71 miles
Burlington

0.96 miles
Fashion Square Mall

0.97 miles
TJ Maxx

0.98 miles

Frequently Asked Questions

What is the lease rate for VALUE-ADD OPPORTUNITY?

Rental asking rate at VALUE-ADD OPPORTUNITY is $1,200,000.00/YR.

What is the total square footage of VALUE-ADD OPPORTUNITY?

VALUE-ADD OPPORTUNITY totals 37,525 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.