1040 N Towerline Rd Saginaw, MI 48601

Listing agency Encore Real Estate Investment Services d***@encorereis.com Show Phone

Listed by Deno Bistolarides · License #MI 6502378067 Show Phone

Source Cpix.resimplifi

Added: Mar 30 Updated: Jul 10 at 1:16PM Checked: Jul 22 at 2:13AM

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Investment Insights

Based on property information with market context.

This single tenant net lease office investment property features 14,519 square feet situated on 3.00 acres. The tenant has occupied the property for over 24 years and recently renewed their lease. The Saginaw County Community Mental Health Authority (SCCMHA) is a local, independent, governmental agency serving Saginaw County. SCCMHA employs over 350 staff, contracts with over 200 different organizations, and has been a mental health authority under contract with the Michigan Department of Community Health since October 1, 1997. The property benefits from a double "NN" net lease structure. Recent interior and exterior renovations have been completed, including landscaping, parking lot sealing and striping, and an alarm system. The location provides easy access to I-75, with a five-mile population exceeding 51,000. The annual budget for SCCMHA for fiscal year 2026 is approximately $141+ million dollars. SCCMHA operates both provided services directly and contracts with a large and diverse number of service providers to ensure a comprehensive service array required by state and regional contracts to meet the needs of residents in the greater Saginaw County community.

Key Highlights

• Single tenant net lease investment with long‑term tenant (SCCMHA) in place for over 24 years.
• Double "NN" net lease structure provides passive income.
• Recent interior and exterior renovations including landscaping and parking lot maintenance.

Property Analytics

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FAQs

What type of property is this?

Office building - Single tenant net lease office building in Saginaw, Michigan.

Where is this office building located?

The property is located at 1040 N Towerline Rd Saginaw, MI.

What is the asking price?

The asking price for this property is $1,077,720.

What are key features of this property?

This property features: Single tenant net lease investment with long‑term tenant (SCCMHA) in place for over 24 years.; Double "NN" net lease structure provides passive income.; Recent interior and exterior renovations including landscaping and parking lot maintenance.