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Former Logan's Roadhouse For Sale
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4404 Miller Rd, Flint, MI 48507

Former restaurant pad site to Genesee Valley Center Mall.

Property Size6,760 SF
Price / SF$266.27
Days on Market769

Property Features for 4404 Miller Rd

General Information

Standard status Active
Size 6,760 SF
Property subtype Hospitality, Retail
Investment Type Owner/User

Building Details

Stories 1
Listing Agency: Gerdom Realty & Investment
Listed By: Vicki Gutowski · License #MI
Source: Crexi
Added: Aug 29, 2024 Changed: Sep 4 Last Checked: Oct 5 at 3:08PM

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 Gerdom Realty & Investment

Investment Insights

Based on property information with market context.

This 6,760-square-foot property is the former site of Logan's Roadhouse. It is located on a pad site within the Genesee Valley Center Mall area. The property is suitable for restaurant or retail use.

Key Highlights

  • Former Logan's Roadhouse location.
  • Pad site to Genesee Valley Center Mall.
  • High‑traffic location.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$59,940
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,198,800 $1.2M
Cap Rate 7%
$856,286 $856.3K
Cap Rate 9%
$666,000 $666.0K
Market Conditions
NOI Build-Up for 6,760 SF
Gross rent
$97.3K $14.40/SF
− Vacancy
−$17.4K −$2.58/SF
EGI
$79.9K $11.82/SF
− OpEx
−$20.0K −$2.96/SF
NOI
$59.9K $8.87/SF
Area
Genesee County, MI
Vacancy
17.90%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,198,800
Cap Rate 7%
$856,286
Cap Rate 9%
$666,000

Alternative Uses

Best Use
Specialty Retail
$856.3K
$749.3K – $999.0K (±1% cap)
NOI $59,940 @ 7.0% cap · market cap 3.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.42M
$1.24M – $1.66M (±1% cap)
NOI $99,574 @ 7.0% cap · market cap 5.53%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Twisted Tenders Restaurant

Suggested Use

Top Pick HVAC Service Garden Center Bakery (Bike/Boat/Book/etc) Store Storage Facility Auto Parts Store

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

1,000
Businesses Nearby
242k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 41% Apparel 23% Beauty & Spa 12% Superstores 9%
Dollar Tree Shops & Services
54,899 visits/mo 0.4 miles
T.J. Maxx Apparel
48,624 visits/mo 0.5 miles
Hobby Lobby Shops & Services
42,743 visits/mo 0.4 miles
My Salon Suite Beauty & Spa
22,546 visits/mo 0.5 miles
Big Lots Superstores
21,171 visits/mo 0.4 miles

Demographics for 48507, MI

30,149
Population
13,923
Households
2.2
Avg Household Size
37
Median Age
15%
College-Educated
88%
High-School Grad
22.1 sq mi
ZIP Area
1,364
Density / Sq Mi
$47,165
Median Household Income
$31,346
Median Earnings
$923
Median Rent
$101,200
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Restaurant - Former restaurant pad site to Genesee Valley Center Mall.
Where is this restaurant located?
The property is located at 4404 Miller Rd Flint, MI.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Former Logan's Roadhouse location.; Pad site to Genesee Valley Center Mall.; High‑traffic location.
(248) 242-6766 Call to check price and availability
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