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Retail Investment Property
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3050 Bay Rd, Saginaw, MI 48603

For sale retail asset listed at a 9.75% cap rate with 11,060 SF of space.

Property Size11,060 SF
Days on Market133

Property Features for 3050 Bay Rd

General Information

Standard status Active
Size 11,060 SF
Property subtype Retail

Additional Details

Cap Rate 9.75%
Listing Agency: Encore Real Estate Investment Services
Listed By: Deno Bistolarides · License #6502378067
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 4:38PM

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 for-sale retail investment property is listed at a 9.75% cap rate and offers 11,060 SF of retail space.

The asset is located at 3050 Bay Rd in Saginaw, Michigan 48603.

For brokers and investors, the combination of a stated cap rate and defined retail square footage provides a straightforward starting point for underwriting and tenant-fit discussions.

Key Highlights

  • Retail asset offered at a 9.75% cap rate
  • Includes 11,060 SF of retail space

Property Analytics

Current Use

Rite Aid Pharmacy Cardtronics Atm Jeffrey B. Ziel, ... Pharmacy higi Physician Western Union Bank

Suggested Use

Top Pick Restaurant Law Firm Dental Office Real Estate Agency Hotel & Motel Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

667
Businesses Nearby
88k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 78% Dining 21% Home Improvements & Furnishings 1%
7-Eleven Shops & Services
15,899 visits/mo 0.1 miles
Taco Bell Dining
10,201 visits/mo 0.2 miles
Mister Car Wash Shops & Services
9,141 visits/mo 0.4 miles
Fast Eddie's Car Wash & Oil Change Shops & Services
7,790 visits/mo 0.1 miles
BP Shops & Services
7,327 visits/mo 0.4 miles

Demographics for 48603, MI

27,492
Population
13,367
Households
2.1
Avg Household Size
43
Median Age
37%
College-Educated
94%
High-School Grad
18.2 sq mi
ZIP Area
1,511
Density / Sq Mi
$65,690
Median Household Income
$41,661
Median Earnings
$1,019
Median Rent
$181,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - For sale retail asset listed at a 9.75% cap rate with 11,060 SF of space.
Where is this retail space located?
The property is located at 3050 Bay Rd Saginaw, MI.
What are key features of this property?
This property features: Retail asset offered at a 9.75% cap rate; Includes 11,060 SF of retail space
(248) 702-0288 Call to check price and availability
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