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    OFF-MARKET
    Lifestyle centers

    5671 Bay Rd, Saginaw, MI 48604

    37,525 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional value-add opportunity presents a 37,525 square foot multi-tenant retail shopping center located at 5671 Bay Rd, Saginaw, MI 48604, currently listed at $2,400,000. The property boasts a strong Net Operating Income (NOI) of $150,089, resulting in an attractive 6.25% capitalization rate. The property is situated in a high-traffic area, benefiting from its proximity to I-75, providing excellent visibility and convenient access for customers. Its strategic location adjacent to major retailers like Walmart and Sam's Club ensures exceptional retail synergy and a consistent flow of potential customers. The address on Bay Rd and Tittabawassee Road further enhances visibility and accessibility. This NNN-leased shopping center offers significant potential for value enhancement and increased profitability. The property's size and location in Saginaw, Michigan, present a compelling investment opportunity for those seeking a strong return on investment in a thriving retail market. The asking price per square foot is $63.96. This is a multi-tenant property offering a diverse range of income streams. Don't miss this chance to acquire a well-positioned retail asset with substantial upside potential.

    Property profile
    Verified
    Property type Lifestyle centers
    Total area 37,525 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Sheri Moore Big Box & Wholesale Store Building Supply
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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