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Bank Building with Ground Lease
For Sale
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4144 BAY RD, Saginaw, MI 48603

Bank facility available for sale, covered by a corporate ground lease structure.

Property SizeContact for details
Days on Market107

Property Features for 4144 BAY RD

General Information

Standard status Active
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $69,275

Additional Details

Cap Rate 6%

Building Details

Year Built 1975
Stories 1
Units 1
Tenancy Single
Listing Agency: Atlantic Capital Partners
Listed By: David Hoppe · License #NC 288268
Source: Crexi
Added: May 29 Changed: Sep 10 Last Checked: Sep 12 at 4:42AM

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 Atlantic Capital Partners

Investment Insights

Based on property information with market context.

This property is a bank building offered for sale and structured around a corporate ground lease. The ground lease setup provides a clear, lease-based ownership profile for buyers seeking to purchase a fully leased commercial asset.

The asset is located at 4144 Bay Rd in Saginaw, Michigan. Its siting supports a straightforward retail-facing property type consistent with banking operations.

For investors and ownership groups evaluating leased commercial real estate, the corporate ground lease structure can be an efficient path to acquiring a bank-oriented asset rather than managing new build-outs or tenant rollovers. As presented, it is positioned as a single-asset purchase tied to the existing ground lease relationship.

Key Highlights

  • Bank facility for sale, with a corporate ground lease structure
  • 6% cap rate noted in the listing remarks
  • Built in 1975

Property Analytics

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Current Use

Chase Bank Bank Chase Mortgage Loan Service Chase ATM Atm

Suggested Use

Top Pick Real Estate Agency Electrical Service Garden Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Plumbing Service

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

898
Businesses Nearby
292k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 51% Shops & Services 18% Electronics 13% Groceries 7%
Best Buy Electronics
34,418 visits/mo 0.4 miles
Panda Express Dining
31,569 visits/mo 0.4 miles
Olive Garden Dining
25,795 visits/mo 0.5 miles
Chili's Grill & Bar Dining
22,157 visits/mo 0.3 miles
Speedway Shops & Services
21,414 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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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Frequently Asked Questions

What type of property is this?
Bank - Bank facility available for sale, covered by a corporate ground lease structure.
Where is this bank located?
The property is located at 4144 BAY RD Saginaw, MI.
What is the asking price?
The asking price for this property is $1,154,583.
What are key features of this property?
This property features: Bank facility for sale, with a corporate ground lease structure; 6% cap rate noted in the listing remarks; Built in 1975
(704) 375-7771 Call to check price and availability
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