5671-5719 Bay Rd | Saginaw, MI 48604
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5671-5719 Bay Rd
Saginaw, MI 48604
Saginaw Shopping Center · Retail Property For Sale
Investment Highlights
- NEIGHBORHOOD SHOPPING CENTER | 37,525-SQUARE FEET | SITUATED ON 3.03 ACRES | BUILT IN 2002 IN PHASES
- SEVERAL BELOW MARKET & GROSS RENTS | VALUE-ADD | 75% OCCUPANCY | UPSIDE WITH LEASE UP OF 4 VACANT UNITS
- RETAILERS IN IMMEDIATE VICINITY INCLUDE: WALMART, SAM’S CLUB, HOME DEPOT, ALDI, CABELA’S, LOWE’S, TARGET, TRACTOR SUPPLY CO, MEIJER, KOHL’S, ETC.
- ADJACENT TO BUSY WALMART SUPERCENTER & SAM’S CLUB | FEE SIMPLE ASSET | OFFERED FREE & CLEAR OF DEBT
- PARKING LOT IN GOOD CONDITION | MINIMAL CAPEX | STRONG AND GROWING DEMOS | 70k PEOPLE IN 5-MILE RADIUS
- 25-MINUTE DRIVE TO MBS INTERNATIONAL AIRPORT | MINUTES FROM I-75 | OVER 44,000 VEHICLES TRAVELING PER DAY
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
37,525 SF
Building Class
B
Year Built/Renovated
1992/2005
Percent Leased
75%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
3.03 AC
Zoning
Commercial - Commercial Zoned District
Parking
140 Spaces (3.73 Spaces per 1,000 SF Leased)
Frontage
308 FT on Bay Rd
Amenities
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 18134341008013 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,067,500 |
PROPERTY TAXES
Parcel Number
18134341008013
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,067,500
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