Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8400 Gratiot Rd Saginaw, MI 48609

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Saginaw, MI: 798 sq ft retail space

    Lot size:
    798 SF

    Property Features for 8400 Gratiot Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    798 SF

    Spaces For Lease

    at 8400 Gratiot Rd, Saginaw, MI 48609 Contact us

    We can help!

    Listing Contact
    Kevin Marschall
    Kevin Marschall

    Listing Agency: InStore Commercial Real Estate Listing Agent: Kevin Marschall

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional retail opportunity is located inside a high-traffic Meijer store in Saginaw, Michigan, offering 798 square feet of prime, front-of-store space. The space boasts unparalleled visibility and access to thousands of weekly customers, leveraging Meijer's established shopper base. This "Store-Within-A-Store" concept provides a range of benefits, including a strategic location for maximum customer interaction and an all-inclusive monthly fee covering real estate taxes, property insurance, CAM, and utilities. Branding opportunities are available both inside and outside the store, enhancing exposure. The property is situated in a thriving trade area with a desirable customer base. This location is ideal for various businesses, including financial institutions, food and beverage vendors, service businesses, and health and wellness providers. The address is 8400 Gratiot Rd, Saginaw, MI 48609, within Saginaw County. The space is currently vacant and ready for immediate occupancy. This unique opportunity allows businesses to position themselves within one of the Midwest's most recognizable retail destinations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    TNT Fireworks Department Store Huntington Mortgage Group Loan Service Meijer Pharmacy Pharmacy Huntington Insurance Insurance Agency Western Union Bank

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saginaw
    County
    Saginaw
    State
    Michigan
    Longitude
    -84.079382785766
    Latitude
    43.41767472968

    Nearby Similar for Lease

    • $8 SF/Yr
      7,110 SF

      Office Building in Saginaw

      Office building for lease in Old Town Saginaw, Michigan.
      731 Gratiot Ave, Saginaw, MI 48602
      View Details
    • Sponsored
      Contact for pricing

      MI, Saginaw - Fashion Square Blvd

      Discover many ways to work your way in Democracy Plaza
      4200 Fashion Square Blvd, Saginaw, MI 48603
      View Details
    • $8 SF/Yr
      4,552 SF

      Prime Office Building For Lease

      4,500 sq ft office building near hospital, shopping, dining.
      1226 N Michigan Ave, Saginaw, MI 48602
      View Details
    • $12 SF/Yr
      1,992 SF

      Downtown Saginaw Office Space

      Office space for lease in the Eddy Building.
      100 N Washington Ave, Saginaw, MI 48607
      View Details
    • $12 SF/Yr
      2,370 SF

      Prime Office Space Available

      Well-maintained office space in Saginaw's busy corridor.
      5580 State St, Saginaw, MI 48603
      View Details
    • $10 SF/Yr
      2,145 SF

      Office Space with Private Offices

      Office space featuring private offices, conference room, and open area.
      1475 S Washington Ave, Saginaw, MI 48601
      View Details
    • $12 SF/Yr
      1,800 SF

      Prime Retail/Office Space Available

      High-visibility retail or office space in Thomas Township.
      7212 Gratiot Rd, Saginaw, MI 48609
      View Details
    • $2,000 /Mo

      Office Space For Lease

      2774 sqft upper floor office space available for lease.
      1982 Hemmeter Rd, Saginaw, MI 48638
      View Details
    • $499,000
      2,700 SF

      Updated Office Space in Saginaw

      Updated office space available for sale or lease in Saginaw.
      5820 Gratiot Rd, Saginaw, MI 48638
      View Details
    • $18 SF/Yr
      40,600 SF

      Spacious Office Building For Rent

      40,600 SF office near I-675, medical, SVSU, retail.
      4800 Concentric Blvd, Saginaw, MI 48604
      View Details
    • $12 SF/Yr
      77,000 SF

      Downtown Saginaw Adaptable Space

      77,000 SF space suitable for retail or office use.
      400 Federal Ave, Saginaw, MI 48607
      View Details
    • $13 SF/Yr
      9,300 SF

      Downtown Saginaw Office Space

      Versatile office spaces in the heart of Downtown Saginaw.
      100 S Jefferson Ave, Saginaw, MI 48607
      View Details

    FAQs

    What type of property is this?
    Retail property - Saginaw, MI: 798 sq ft retail space
    Where is this retail property located?
    The property is located at 8400 Gratiot Rd Saginaw, MI.
    What are key features of this property?
    This property features: High-traffic, highly visible 798 SF retail space in a Meijer store.; Access to thousands of weekly Meijer customers.; Fixed monthly rent includes real estate taxes, insurance, CAM, and utilities.
    Request Owner's contact information
    8400 Gratiot Rd Saginaw, MI 48609
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8400 Gratiot Rd
    Saginaw, MI 48609
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8400 Gratiot Rd Saginaw, MI 48609
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kevin Marschall
    Kevin Marschall
    Real Estate License ID: 471022479
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!