For Sale
$1,099,000

5050 Zelle Dr Bridgeport charter Township, MI 48722

Triple-net lease, high-traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional retail investment opportunity presents a 6,000-square-foot, single-story building situated on a 30,000-square-foot lot in Bridgeport Charter Township, Michigan. Currently housing three tenants with 100% occupancy, this property boasts a strong net lease structure, ensuring a steady income stream. The building, constructed in 2000 and extensively renovated in 2023, features a 10-foot ceiling height and is zoned for commercial use. The property's prime location offers exceptional visibility from major thoroughfares, including I-75, US-23, and US-10, providing easy access to Frankenmuth, Saginaw, and the broader Northern Michigan region. With two parking spaces currently available, the property offers a parking ratio of 25 spaces per 1,000 square feet. The asking price is $1,099,000, translating to $149.75 per square foot. The property's current tenants include a convenience store, pharmacy/drug store, and storefront, demonstrating its versatility and appeal to a diverse range of businesses. The property's existing infrastructure allows for expansion up to 20,000 square feet, presenting significant potential for future development and increased revenue. The parcel number is 09-11-5-22-1010-001. This is a turnkey investment opportunity with significant upside potential.

Highlights

  • 6,000 SF single-story retail building on a 30,000 SF lot in Bridgeport Charter Township, MI.
  • 100% occupancy with three tenants under a strong net lease structure.
  • Built in 2000, extensively renovated in 2023, with 10-foot ceilings and commercial zoning.
  • Excellent visibility from I-75, US-23, and US-10, offering easy access to Frankenmuth, Saginaw, and Northern Michigan.
  • 25 parking spaces per 1,000 square feet; currently two spaces available.
  • Asking price: $1,099,000 ($149.75/SF).

Property Details for 5050 Zelle Dr

Property type
Retail properties, Retail space
Square Feet
6,000 SF
Year Built/Renovated
2000/2023
Buildings
1
Stories
1
Units
2

Location Insight

City
Bridgeport charter Township
County
Saginaw
State
Michigan
Latitude
43.349919
Longitude
-83.861401

FAQs

What type of property is this?
Retail property - Triple-net lease, high-traffic location.
Where is the retail property located?
The property is located at 5050 Zelle Dr Bridgeport charter Township, MI.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: 6,000 SF single-story retail building on a 30,000 SF lot in Bridgeport Charter Township, MI.; 100% occupancy with three tenants under a strong net lease structure.; Built in 2000, extensively renovated in 2023, with 10-foot ceilings and commercial zoning.
How can I contact the broker?
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5050 Zelle Dr
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