Property profile

372 Saginaw St Breckenridge, MI 48615

OFF-MARKET
Other commercial real estate
Property ID
US43-2885726
1.53 ac lot
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a single-tenant, free-standing retail building operated under a triple-net (NNN) structure and historically used as a Dollar General store. The building has been remodeled, reflecting improvements to the retail premises. It is configured for use by one national tenant brand, supported by a corporate-backed lease arrangement that included multiple renewal options and scheduled rent escalations. Zoning and exact dimensions are not provided in the source description.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.53 ac (66,647 SF)
APN 42-150-033-10
UPID US43-2885726

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
  • Discount Store
  • Cinema (Bike/Boat/Book/etc) Store
  • Bank Credit Union
  • Postal Service Courier Service

Location

372 Saginaw St Breckenridge, MI 48615-8529
Breckenridge metro Census 700 ALMA, MI MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2016
Price N/A

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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