2258 Tittabawassee RdSaginaw, MI 48604

For Sale
Call for price
197K SF Shopping Center, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity presents a fee-simple interest in the Bay Valley Shopping Center, a 197,703-square-foot, single-story shopping center in Saginaw, Michigan. Located at the corner of Tittabawassee Road and I-675, this Class B property boasts a prime retail location, drawing customers from Saginaw and neighboring cities like Bay City and Midland. The center features seven tenants under a multi-tenant NNN lease structure with a remaining term of 5.5 years and a current NOI of $895,910. The 100% occupancy rate ensures stable cash flow, supported by a strong tenant lineup and minimal retail competition. The property benefits from its position in a high-traffic retail node, shadow-anchored by a successful Lowe's. With 1,073 parking spaces available across its 27.42-acre lot, Bay Valley Shopping Center offers ample parking for customers. The property is zoned for commercial use and represents a secure investment with a proven track record of success in the Saginaw market. This is a rare opportunity to acquire a well-established, high-performing shopping center in a thriving Michigan community. The property's size, location, and strong tenant mix make it an attractive investment for those seeking stable income and long-term growth potential.

Highlights

  • 197,703 SF shopping center in Saginaw, MI, with 7 tenants.
  • 100% occupied, Net Lease (NNN) investment opportunity.
  • $895,910 Net Operating Income (NOI).
  • 5.5 years remaining lease term.
  • Located on Tittabawassee Rd and I-675, with 1,073 parking spaces.
  • 27.42-acre site, Class B building.

Property Details for 2258 Tittabawassee Rd

Property type
Lifestyle centers, Power centers
Square Feet
197,703 SF
Class
B
Buildings
1
Stories
1
Lot Size (sq. ft)
1,194,415 SF

Location Insight

City
Saginaw
County
Saginaw
State
Michigan
Latitude
43.482158340704
Longitude
-83.966345345851
2258 Tittabawassee Rd, Saginaw, Michigan

FAQs

What type of property is this?
Lifestyle center - 197K SF Shopping Center, 100% Occupied
Where is the lifestyle center located?
The property is located at 2258 Tittabawassee Rd Saginaw, MI.
What are key features of this property?
This property features: 197,703 SF shopping center in Saginaw, MI, with 7 tenants.; 100% occupied, Net Lease (NNN) investment opportunity.; $895,910 Net Operating Income (NOI).
How can I contact the broker?
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2258 Tittabawassee Rd
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