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7-Tenant Retail Strip Center
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4930 Gratiot Rd, Saginaw, MI 48638

The center occupies the corner of Gratiot Road and North Center Road.

Property Size7,524 SF
Days on Market143

Property Features for 4930 Gratiot Rd

General Information

Standard status Active
Size 7,524 SF
Property subtype Retail

Financials

Asking Price $425,000
Cap Rate 8%

Additional Details

Corner Location Yes

Building Details

Tenancy Multi
Listing Agency: Trademark Commercial Group
Listed By: Gretchen Witherspoon · License #MI 6501316390
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 2:47AM

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 multi-tenant retail property comprises a 7,524-square-foot strip center with 7 tenant spaces. Its configuration is suited to a retail setting with multiple occupants within one commercial building.

The property sits at the intersection of Gratiot Road, also identified as M-46, and North Center Road in Saginaw, Michigan. The corner location provides direct positioning along both named roads. The reported cap rate is 8%. After an acceptable offer, the landlord will provide the rent roll and expense information. Buyer information is required through a confidentiality agreement.

Key Highlights

  • 7,524 sf retail strip center
  • 7 tenants within a multi‑tenant retail property
  • Corner location at Gratiot Road (M‑46) and North Center Road

Property Analytics

Current Use

Gianni's Barber Shop Barber Shop

Suggested Use

Top Pick Real Estate Agency Restaurant HVAC Service Big Box & Wholesale Store Building Supply 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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

256
Businesses Nearby
20k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 60% Dining 39% Home Improvements & Furnishings 2%
Shell Shops & Services
9,140 visits/mo 0.2 miles
Beef 'O' Brady's Dining
4,551 visits/mo 0.0 miles
PNC Bank Shops & Services
2,718 visits/mo 0.4 miles
Hungry Howie's Pizza Dining
1,937 visits/mo 0.1 miles
SUBWAY Dining
1,219 visits/mo 0.0 miles

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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - The center occupies the corner of Gratiot Road and North Center Road.
Where is this strip mall located?
The property is located at 4930 Gratiot Rd Saginaw, MI.
What are key features of this property?
This property features: 7,524 sf retail strip center; 7 tenants within a multi‑tenant retail property; Corner location at Gratiot Road (M‑46) and North Center Road
(989) 792-2192 Call to check price and availability
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