7-Eleven NNN Convenience
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For Sale
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2500 North Saginaw Road, Midland, MI 48640
Single-tenant retail asset with an Absolute NNN lease extending through December 31, 2038.
Property Size3,136 SF
Lot Size1.02 Acres
Price / SF$2,058
Days on Market7
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%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$338,989
Financials
Asking Price
$6,456,937
Cap Rate
5.25%
Additional Details
Road Access
Yes
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Fortis Net Lease
(248) 254-3406
Listed By:
Robert Bender · License #MI 6501323470
Source:
Crexi
Added: Aug 13
Changed: Aug 18
Last Checked: Aug 19 at 11:39AM
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 retail property includes a 3,136-square-foot building on 1.02 acres at 2500 North Saginaw Road in Midland, Michigan. The site operates under an Absolute NNN lease, with the tenant responsible for property-level obligations. The lease began November 22, 2024, and runs through December 31, 2038, with 1.0% annual rent increases and a 5.25% capitalization rate.
The property is positioned along North Saginaw Road and is described as having convenient access and strong traffic counts within the Midland market. The operating business is identified as 7-Eleven (Speedway), providing an established convenience-store and fuel-retail use at the site.
The property is positioned along North Saginaw Road and is described as having convenient access and strong traffic counts within the Midland market. The operating business is identified as 7-Eleven (Speedway), providing an established convenience-store and fuel-retail use at the site.
Key Highlights
- 3,136‑square‑foot retail building on 1.02 acres
- Absolute NNN lease with no landlord responsibilities
- Lease term runs from November 22, 2024 through December 31, 2038
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,187
Businesses Nearby
154k
Monthly Visits Nearby
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant retail asset with an Absolute NNN lease extending through December 31, 2038.
Where is this nnn property located?
The property is located at 2500 North Saginaw Road Midland, MI.
What is the asking price?
The asking price for this property is $6,456,937.
What are key features of this property?
This property features: 3,136‑square‑foot retail building on 1.02 acres; Absolute NNN lease with no landlord responsibilities; Lease term runs from November 22, 2024 through December 31, 2038
