Saginaw Office Investment
For Sale
$1,077,720
1040 N Towerline Rd, Saginaw, MI 48601
Single tenant net lease office building in Saginaw, Michigan.
Property Size14,519 SF
Lot Size3.00 Acres
Price / SF$74.23
Days on Market161
Property Features for 1040 N Towerline Rd
General Information
Standard status
Active
Size
14,519 SF
Lot size
3.00 Acres
Property subtype
Retail
Zoning
B-3
Building Details
Building Size
14,519 SF
Listing Agency:
Encore Real Estate Investment Services
Listed By:
Deno Bistolarides · License #MI 6502378067
(248) 702-0288
Source:
Cpix.resimplifi
Added: Mar 30
Changed: Sep 6
Last Checked: Sep 6 at 4:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Encore Real Estate Investment Services
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Explore this area
Business Placement
Demographics for 48601, MI
32,165
Population
16,220
Households
2
Avg Household Size
39
Median Age
8%
College-Educated
86%
High-School Grad
104.3 sq mi
ZIP Area
308
Density / Sq Mi
$37,830
Median Household Income
$27,218
Median Earnings
$836
Median Rent
$54,900
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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.
