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Former Rite Aid 11801 N Saginaw St

11,440 SF Retail Building Mount Morris, MI 48458 For Sale

Investment Highlights

  • RARE RITE AID CORPORATE GUARANTEE
  • 8 (5) YEAR OPTIONS
  • BONDED NNN LEASE (TRUE ABSOLUTE NNN LEASE)
  • CORNER OF N SAGINAW AND W MT MORRIS ST

Executive Summary

BUILT IN 2000
11,440 SF BUILDING | 1.58 ACRES
60 SURFACE PARKING SPOTS
CORNER OF N SAGINAW AND W MT MORRIS ST
N SAGINAW STREET 9,000 VPD
W MT. MORRIS STREET 6,000 VPD
CLOSE PROXIMITY TO DEVELOPED SUBDIVISIONS
$54K AVERAGE HOUSEHOLD INCOME IN 5-MILE RADIUS

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,440 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Land Acres
1.58 AC
Zoning
R-1 SF PUD
Parking
60 Spaces (5.24 Spaces per 1,000 SF Leased)

Amenities

  • Drive Thru

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 11,440 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 11,440 SF Retail - Now

1st Floor

Size
11,440 SF
Space Use
Retail
Position
-
Available
Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
57-01-579-004
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$432,600
  • Listing ID: 28289174

  • Date on Market: 4/21/2023

  • Last Updated:

  • Address: 11801 N Saginaw St, Mount Morris, MI 48458

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