Retail Investment Property with Cap
18875 Oakley Rd Oakley, MI 48649
For Sale
Contact for pricing
For sale retail property totaling 10,640 square feet in the Saginaw MSA with a stated 6.75% cap rate.
Property Size10,640 SF
Price / SF$202.16
Days on Market122
Property Features for 18875 Oakley Rd
General Information
- Standard status
- Active
- Size
- 10,640 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2025
Listing Agency:
Marcus & Millichap - Atlanta
(678) 808-2762
Listed By:
Don McMinn · License #GA 292036
Source:
Crexi
Added: Mar 26
Changed: Jul 21
Last Checked: Jul 23 at 4:21AM
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 Marcus & Millichap - Atlanta
Investment Insights
Based on property information with market context.
This for-sale retail investment property is offered with a stated 6.75% cap rate and encompasses 10,640 square feet. The listing is positioned as a commercial retail asset suitable for buyers evaluating income-based returns.
The property is located at 18875 Oakley Rd in Oakley, MI, within the Saginaw MSA. All details provided here are based on the listing information, including the reported cap rate and total building size.
The property is located at 18875 Oakley Rd in Oakley, MI, within the Saginaw MSA. All details provided here are based on the listing information, including the reported cap rate and total building size.
Key Highlights
- Retail property for sale totaling 10,640 sq ft
- Located in the Saginaw MSA
- Stated 6.75% cap rate
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $137.9k | $12.96 |
| − Vacancy | −$24.7k | −$2.32 |
| EGI | $113.2k | $10.64 |
| − OpEx | −$34.0k | −$3.19 |
| NOI | $79.2k | $7.45 |
10,640 SF · lease $12.96/SF/yr · vacancy 17.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.13M
$990.6K – $1.32M
NOI $79,248 @ 7.0% cap · market cap 3.68%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.97M
$1.72M – $2.29M
NOI $137,607 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - For sale retail property totaling 10,640 square feet in the Saginaw MSA with a stated 6.75% cap rate.
Where is this retail space located?
The property is located at 18875 Oakley Rd Oakley, MI.
What is the asking price?
The asking price for this property is $2,151,000.
What are key features of this property?
This property features: Retail property for sale totaling 10,640 sq ft; Located in the Saginaw MSA; Stated 6.75% cap rate
