Property profile

5671 Bay Rd Saginaw, MI 48604

OFF-MARKET
Lifestyle centers
37,525 SF
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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

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Building Supply

Location

5671 Bay Rd Saginaw, MI 48604
Saginaw metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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