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High-Traffic Gerber Collision Investment

3588 Tittabawassee Road Saginaw, MI 48604

3588 Tittabawassee Road, Saginaw, MI, 48604
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New construction NNN lease with rental increases and options.

Property Size16,500 SF
Lot Size3.38 Acres
Price / SF$240.55
AddedMay 14
Days on Market63
Last RefreshJun 23 at 9:14 am

Property Features for 3588 Tittabawassee Road

General Information

Standard status
Active
Size
16,500 SF
Lot size
3.38 Acres
Property subtype
Retail

Building Details

Year Built
2026

Listing office Cushman & Wakefield - Sacramento, California

Listing date May 14, 2026

Source Crexi

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 Cushman & Wakefield - Sacramento, California


Investment Insights

Based on property information with market context.

This property is leased to Gerber Collision & Glass, one of the largest auto collision and glass repair companies in North America, with over 850 locations. The property features a new 15-year absolute NNN corporate lease with 10% rental increases every five years in the initial term and four option periods of five years each. The tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot. The property is located along Tittabawassee Road, with a traffic count of 30,560 AADT. It offers high visibility from Interstate 675 and is surrounded by traffic drivers, including Walmart Supercenter, Sam's Club, Target, Lowe's, The Home Depot, and Best Buy. The property is also in close proximity to Saginaw Valley State University and several schools. The new construction, slated for 2026, features Gerber Collision & Glass' latest prototype building on a 3.38-acre parcel with ample parking and easy ingress/egress. The property is located within a five-mile radius of 79,733 residents and has an average annual household income of $133,130 within one mile.

Key Highlights

  • New 15‑year absolute NNN corporate lease with Gerber Collision & Glass
  • Tenant covers all taxes, insurance, and maintenance for a fully passive investment
  • Located on highly trafficked Tittabawassee Road (30,560 AADT) with high visibility from Interstate 675

Local 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 $213.8k $12.96
− Vacancy −$38.3k −$2.32
EGI $175.6k $10.64
− OpEx −$52.7k −$3.19
NOI $122.9k $7.45
16,500 SF · lease $12.96/SF/yr · vacancy 17.90% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.76M
$1.54M – $2.05M (±1% cap)
NOI $122,894 @ 7.0% cap · market cap 3.10%
Second Best
Industrial
$1.23M
$1.08M – $1.43M (±1% cap)
NOI $86,036 @ 7.0% cap · market cap 2.17%
Theoretical Best
Specialty Retail
$3.05M
$2.67M – $3.56M (±1% cap)
NOI $213,395 @ 7.0% cap · market cap 5.38%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Real Estate Agency Carpet & Flooring Store Butcher Veterinary Clinic Pet Grooming Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Parking Lot & Garage Acupuncture Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Wilson Ford Lincoln Service — 4201 Bay St, Saginaw, MI 48603
  • Wilson Ford Lincoln Collision — 4201 bay rd, saginaw, mi 48603
  • Ford Service — saginaw, mi 48603
  • Wilson Ford Lincoln Lincoln Service — 4201 Bay Rd, Saginaw, MI 48603
  • Wilson Ford Lincoln Parts — 4201 Bay Rd, Saginaw, MI 48603

FAQs

What type of property is this?
Auto shop - New construction NNN lease with rental increases and options.
Where is this auto shop located?
The property is located at 3588 Tittabawassee Road Saginaw, MI.
What is the asking price?
The asking price for this property is $3,969,000.
What are key features of this property?
This property features: New 15‑year absolute NNN corporate lease with Gerber Collision & Glass; Tenant covers all taxes, insurance, and maintenance for a fully passive investment; Located on highly trafficked Tittabawassee Road (30,560 AADT) with high visibility from Interstate 675
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