Freestanding Dollar General Retail
New
For Sale
$1,355,338
6449 Westside Saginaw Rd, Bay City, MI 48706
Freestanding Dollar General built-to-suit in 2021, positioned along a retail corridor with convenient I-75/US-23 access.
Property Size10,640 SF
Price / SF$127.38
Days on Market2
Property Features for 6449 Westside Saginaw Rd
General Information
Standard status
Active
Size
10,640 SF
Property subtype
Discount
Additional Details
Cap Rate
7.25%
Highway Access
Yes
Amenities
Absolute Net Lease | Corporate guarantee with no landlord responsibilities and estimated 10+ years remaining on the lease
Long -term traffic Growth (Source Placer.ai) VPD's are up 25.3% over three years
10,640 SF Dollar General location constructed in 2021 featuring the latest store prototype and layout
Building Details
Building Size
10,640 SF
Year Built
2021
Buildings
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Detroit
(248) 415-2600
Listed By:
Paul Kerber · License #License(s) MI: 6502433613
(248) 415-2600
Source:
Marcusmillichap
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 7:14AM
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 Marcus & Millichap - Detroit
Investment Insights
Based on property information with market context.
The subject property is a freestanding Dollar General located at 6449 Westside Saginaw Rd in Bay City, Michigan. The 10,640-square-foot store was built-to-suit for Dollar General in 2021 and is positioned along a well-traveled retail corridor.
Convenient access to I-75/US-23 supports regional connectivity between Bay City and Saginaw, Midland, Flint, and the broader Great Lakes Bay Region. The property is situated in Bay County’s principal city and county seat, with a diversified employment base led by healthcare and social assistance.
The area includes major employers such as McLaren Bay Region, Covenant HealthCare Bay City, and Covenant McExpress on Wilder Road, along with manufacturing and institutional employment supported by General Motors, SC Johnson, Bay City, Western USA, and Michigan Sugar Company. Education-related employment and consumer activity are supported by Saginaw Valley State University and Delta College. The current listing also indicates a 7.25% figure.
Convenient access to I-75/US-23 supports regional connectivity between Bay City and Saginaw, Midland, Flint, and the broader Great Lakes Bay Region. The property is situated in Bay County’s principal city and county seat, with a diversified employment base led by healthcare and social assistance.
The area includes major employers such as McLaren Bay Region, Covenant HealthCare Bay City, and Covenant McExpress on Wilder Road, along with manufacturing and institutional employment supported by General Motors, SC Johnson, Bay City, Western USA, and Michigan Sugar Company. Education-related employment and consumer activity are supported by Saginaw Valley State University and Delta College. The current listing also indicates a 7.25% figure.
Key Highlights
- Freestanding Dollar General at 6449 Westside Saginaw Rd, Bay City, MI 48706
- 10,640‑square‑foot built‑to‑suit store for Dollar General
- Built in 2021
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $127.7k | $12.00 |
| − Vacancy | −$15.3k | −$1.44 |
| EGI | $112.4k | $10.56 |
| − OpEx | −$33.7k | −$3.17 |
| NOI | $78.7k | $7.39 |
10,640 SF · lease $12.00/SF/yr · vacancy 12.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.12M
$983.1K – $1.31M
NOI $78,651 @ 7.0% cap · market cap 5.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $134,830 @ 7.0% cap · market cap 9.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
84k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 45%
Hotels & Casinos 1%
McDonald's
Dining
27,574 visits/mo
0.0 miles
Speedway
Shops & Services
21,996 visits/mo
0.1 miles
Shell
Shops & Services
15,696 visits/mo
0.5 miles
Burger King
Dining
10,471 visits/mo
0.1 miles
Dollar General
Shops & Services
7,022 visits/mo
0.3 miles
Demographics for 48706, MI
39,381
Population
18,163
Households
2.2
Avg Household Size
45
Median Age
24%
College-Educated
93%
High-School Grad
66.3 sq mi
ZIP Area
594
Density / Sq Mi
$61,908
Median Household Income
$40,151
Median Earnings
$887
Median Rent
$142,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Freestanding Dollar General built-to-suit in 2021, positioned along a retail corridor with convenient I-75/US-23 access.
Where is this retail space located?
The property is located at 6449 Westside Saginaw Rd Bay City, MI.
What is the asking price?
The asking price for this property is $1,355,338.
What are key features of this property?
This property features: Freestanding Dollar General at 6449 Westside Saginaw Rd, Bay City, MI 48706; 10,640‑square‑foot built‑to‑suit store for Dollar General; Built in 2021
