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Pending
5671 Bay Rd, Saginaw, MI 48604
Retail property reporting 75% occupancy and a 7.5% cap rate.
Property Size37,000 SF
Days on Market144
Property Features for 5671 Bay Rd
General Information
Standard status
Pending
Size
37,000 SF
Property subtype
Retail
Occupancy
75%
Additional Details
Cap Rate
7.5%
Listing Agency:
The Jonna Group at Colliers International
(248) 226-1611
Listed By:
Simon Jonna · License #MI 6501357188
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 31 at 3:56PM
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 The Jonna Group at Colliers International
Investment Insights
Based on property information with market context.
This shopping center comprises approximately 37,000 +/- SF of retail space and is reported at 75% occupancy. The property is offered for sale and carries a reported 7.5% cap rate.
Located at 5671 Bay Rd in Saginaw, Michigan, the center provides a retail-oriented commercial asset within the Bay Road corridor.
Located at 5671 Bay Rd in Saginaw, Michigan, the center provides a retail-oriented commercial asset within the Bay Road corridor.
Key Highlights
- 37,000 +/- SF shopping center
- 75% occupancy
- Reported 7.5% CAP
Property Analytics
Property Profile
Current Use
Lease Details
75%
Occupancy
Location Intelligence
Trade Area within ½ mile
291
Businesses Nearby
387k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 61%
Dining 12%
Home Improvements & Furnishings 12%
Shops & Services 8%
Walmart
Superstores
123,641 visits/mo
0.2 miles
Sam's Club
Superstores
110,502 visits/mo
0.1 miles
The Home Depot
Home Improvements & Furnishings
31,748 visits/mo
0.5 miles
Culver's
Dining
31,574 visits/mo
0.4 miles
Aldi
Groceries
22,523 visits/mo
0.5 miles
Demographics for 48604, MI
12,386
Population
4,603
Households
2.7
Avg Household Size
29
Median Age
24%
College-Educated
95%
High-School Grad
26.3 sq mi
ZIP Area
471
Density / Sq Mi
$53,804
Median Household Income
$18,887
Median Earnings
$928
Median Rent
$93,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Secretary of State Self-service Station — 3360 Tittabawassee Rd, Saginaw, MI 48604
- Sunglass Outfitters by Sunglass Hut — 5202 Bay Rd, Saginaw, MI 48604
- Landmark Plaza — Saginaw, MI 48604
- Bay Valley Shopping Center — 2258 Tittabawassee Rd, Saginaw, MI 48604
Frequently Asked Questions
What type of property is this?
Shopping center - Retail property reporting 75% occupancy and a 7.5% cap rate.
Where is this shopping center located?
The property is located at 5671 Bay Rd Saginaw, MI.
What are key features of this property?
This property features: 37,000 +/- SF shopping center; 75% occupancy; Reported 7.5% CAP
