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4880 Gratiot Rd, Saginaw, MI 48638

Former Subway space available as Suite 1 with monthly rent plus utilities.

Property Size2,200 SF
Days on Market90

Property Features for 4880 Gratiot Rd

General Information

Standard status Active
Size 2,200 SF
Property subtype RETAIL
Lease Type SF/mo
Listing Agency: Trademark Commercial Group
Listed By: Gretchen Witherspoon,SIOR,CCIM
Source: Moodyscre
Added: May 4 Changed: Jul 28 Last Checked: Jul 31 at 5:32AM

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 Trademark Commercial Group

Investment Insights

Based on property information with market context.

This listing is for Gratiot Place Suite 1, a retail space previously occupied as a Subway location. The suite is available for rent at $2,200 per month plus utilities.

The property is located at 4880 Gratiot Rd in Saginaw, MI 48638, within Gratiot Place.

Suite 1 offers an existing retail layout that may suit a variety of in-line retail uses, subject to landlord approval and applicable requirements.

Key Highlights

  • Former Subway space available as Suite 1
  • Rent is $2,200 per month plus utilities

Property Analytics

Current Use

Subway Take-out & Catering

Suggested Use

Top Pick Real Estate Agency Restaurant HVAC Service Building Supply Auto Parts Store Electrical 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.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

249
Businesses Nearby

Demographics for 48638, MI

13,199
Population
6,479
Households
2
Avg Household Size
42
Median Age
36%
College-Educated
95%
High-School Grad
6.5 sq mi
ZIP Area
2,031
Density / Sq Mi
$63,444
Median Household Income
$44,281
Median Earnings
$948
Median Rent
$161,200
Median Home Value

Market

Lease Benchmarks for Saginaw, MI

$8.34 /SF/Yr
Avg Asking Price
$6.43–$11 /SF/Yr
Price Range
12,884 SF
Avg Space Size

This space is priced 44% above the average of $8.34 /SF/Yr.

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?
Retail space - Former Subway space available as Suite 1 with monthly rent plus utilities.
Where is this retail space located?
The property is located at 4880 Gratiot Rd Saginaw, MI.
What is the lease rate?
The lease rate is $2,200 /Mo.
What are key features of this property?
This property features: Former Subway space available as Suite 1; Rent is $2,200 per month plus utilities
(989) 295-0353 Call to check price and availability
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