GPM NNN Retail
For Sale
Contact for pricing
11536 North Saginaw St, Mount Morris, MI 48458
Long-term triple-net lease with scheduled rent increases and multiple tenant renewal options.
Property Size1,890 SF
Lot Size0.38 Acres
Days on Market144
Property Features for 11536 North Saginaw St
General Information
Standard status
Active
Size
1,890 SF
Lot size
0.38 Acres
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 7:57PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
The GPM property at 11536 North Saginaw Street includes an 1,890-square-foot building on approximately 0.38 acres in Mount Morris, Michigan. The asset is subject to a triple-net lease with more than 14 years remaining on the initial 15-year term, with no landlord responsibilities after closing.
Contractual rent increases of 7.50% occur every five years during the base term and continue through six additional five-year renewal options. The combination of an established retail building, extended lease duration, and defined escalation schedule provides a clearly structured NNN investment profile.
Contractual rent increases of 7.50% occur every five years during the base term and continue through six additional five-year renewal options. The combination of an established retail building, extended lease duration, and defined escalation schedule provides a clearly structured NNN investment profile.
Key Highlights
- 1,890‑square‑foot GPM building on approximately 0.38 acres
- More than 14 years remain on the initial 15‑year NNN lease
- Triple‑net structure provides no landlord responsibilities after closing
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
275
Businesses Nearby
109k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Groceries 30%
Dining 26%
Electronics 2%
Kroger
Groceries
28,513 visits/mo
0.5 miles
McDonald's
Dining
19,294 visits/mo
0.4 miles
Kroger Fuel Center
Shops & Services
10,703 visits/mo
0.5 miles
Sunoco
Shops & Services
8,686 visits/mo
0.2 miles
Dollar Tree
Shops & Services
7,478 visits/mo
0.5 miles
Demographics for 48458, MI
19,699
Population
9,136
Households
2.2
Avg Household Size
39
Median Age
8%
College-Educated
87%
High-School Grad
35.7 sq mi
ZIP Area
552
Density / Sq Mi
$43,496
Median Household Income
$32,122
Median Earnings
$896
Median Rent
$87,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Long-term triple-net lease with scheduled rent increases and multiple tenant renewal options.
Where is this nnn property located?
The property is located at 11536 North Saginaw St Mount Morris, MI.
What are key features of this property?
This property features: 1,890‑square‑foot GPM building on approximately 0.38 acres; More than 14 years remain on the initial 15‑year NNN lease; Triple‑net structure provides no landlord responsibilities after closing
