Commercial Retail Investment
For Sale
$1,900,000
Pending
8175 Gratiot Rd, Saginaw, MI 48609
53,726 SF retail property with long-term tenants and 90% occupancy.
Property SizeContact for details
Lot Size6.93 Acres
Days on Market268
Property Features for 8175 Gratiot Rd
General Information
Standard status
Pending
Lot size
6.93 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$33,756
Building Details
Year Built
1987
Listing Agency:
NextHome, Inc
(989) 737-4907
Listed By:
Seth Vendelboe · License #PersonLicenseNumber
(989) 737-4907
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 11
Last Checked: Aug 21 at 7:51AM
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 NextHome, Inc
Investment Insights
Based on property information with market context.
This commercial retail property offers an investment opportunity, featuring a total of 53,726 square feet. The property maintains 90% occupancy with long-term tenants. Recent updates include a newer front parking lot and roof replacements. The property is located at 8175 Gratiot Rd, Shields, MI 48609. Recent rent increases have raised the cap rate.
Key Highlights
- High occupancy rate: 90% occupancy ensures a stable and reliable income stream.
- Substantial Square Footage:** 53,726 square feet provides significant rental income potential.
- Long‑term tenants: Indicates stability and reduces the risk of vacancies.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
245
Businesses Nearby
179k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Groceries 36%
Shops & Services 19%
Meijer
Groceries
64,542 visits/mo
0.3 miles
McDonald's
Dining
19,236 visits/mo
0.4 miles
Culver's
Dining
17,416 visits/mo
0.1 miles
Meijer Gas Station
Shops & Services
14,444 visits/mo
0.2 miles
Taco Bell
Dining
12,297 visits/mo
0.1 miles
Demographics for 48609, MI
12,082
Population
5,494
Households
2.2
Avg Household Size
50
Median Age
26%
College-Educated
93%
High-School Grad
44.8 sq mi
ZIP Area
270
Density / Sq Mi
$78,800
Median Household Income
$43,865
Median Earnings
$903
Median Rent
$166,400
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?
Shopping center - 53,726 SF retail property with long-term tenants and 90% occupancy.
Where is this shopping center located?
The property is located at 8175 Gratiot Rd Saginaw, MI.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: High occupancy rate: 90% occupancy ensures a stable and reliable income stream.; Substantial Square Footage:** 53,726 square feet provides significant rental income potential.; Long‑term tenants: Indicates stability and reduces the risk of vacancies.
