7-Eleven Convenience
New
For Lease
$6,456,937 NNN
2500 North Saginaw Road, Midland, MI 48640
Single-tenant retail property with an Absolute NNN lease and contractual annual rent increases.
Space SizeContact for details
Property Size3,136 SF
Lot Size1.02 Acres
Days on Market5
Property Features for 2500 North Saginaw Road
General Information
Standard status
Active
Size
3,136 SF
Lot size
1.02 Acres
Property subtype
Retail
Occupancy
100%
Net Operating Income
$338
Additional Details
Space Use
Retail
Road Access
Yes
Building Details
Building Size
3,136 SF
Tenancy
Single
Listing Agency:
Fortis Net Lease
(248) 254-3406
Listed By:
Robert Bender · License #6501323470
Source:
Fortisnetlease
Added: Aug 15
Changed: Aug 16
Last Checked: Aug 19 at 5:47AM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
This single-tenant convenience store occupies a 3,136-square-foot retail building on 1.02 acres at 2500 North Saginaw Road in Midland, Michigan. The property is occupied by 7-Eleven (Speedway) and operates under an Absolute NNN lease, placing landlord responsibilities with the tenant under the stated lease structure.
The lease began November 22, 2024, and continues through December 31, 2038. Contractual rent increases of 1.0% annually are included. The site provides a convenience-retail format along North Saginaw Road, with the property information identifying visibility and access from the roadway as notable site characteristics.
The lease began November 22, 2024, and continues through December 31, 2038. Contractual rent increases of 1.0% annually are included. The site provides a convenience-retail format along North Saginaw Road, with the property information identifying visibility and access from the roadway as notable site characteristics.
Key Highlights
- 3,136‑square‑foot convenience store on 1.02 acres
- Occupied by 7‑Eleven (Speedway)
- Absolute NNN lease structure
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,187
Businesses Nearby
154k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Shops & Services 36%
Groceries 12%
Apparel 5%
McDonald's
Dining
39,047 visits/mo
0.4 miles
Speedway
Shops & Services
22,456 visits/mo
0.1 miles
Taco Bell
Dining
21,139 visits/mo
0.3 miles
Family Fare
Groceries
19,250 visits/mo
0.3 miles
Jo-Ann Fabric and Craft
Shops & Services
12,546 visits/mo
0.3 miles
Demographics for 48640, MI
31,840
Population
14,340
Households
2.2
Avg Household Size
41
Median Age
38%
College-Educated
96%
High-School Grad
105.1 sq mi
ZIP Area
303
Density / Sq Mi
$81,630
Median Household Income
$43,353
Median Earnings
$928
Median Rent
$191,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Family Fare Supermarket — 2026 N Saginaw Rd, Midland, MI 48640
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Single-tenant retail property with an Absolute NNN lease and contractual annual rent increases.
Where is this grocery and convenience store located?
The property is located at 2500 North Saginaw Road Midland, MI.
What is the lease rate?
The lease rate is $6,456,937.
What are key features of this property?
This property features: 3,136‑square‑foot convenience store on 1.02 acres; Occupied by 7‑Eleven (Speedway); Absolute NNN lease structure
