5671 Bay RdSaginaw, MI 48604

Property Details for 5671 Bay Rd

Property size (Sq ft)

37,525 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

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.

Location Insight

City

Saginaw

County

Saginaw

State

Michigan

Latitude

43.4905

Longitude

-83.9739

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