8400 Gratiot RdSaginaw, MI 48609

  • Commercial real estate
  • 199,776 SF

Property Details for 8400 Gratiot Rd

Year built
1980
Lot size
24.64 AC
Property size (Sq ft)
199,776 SF
Zone code
B-4
Property type
Commercial real estate
APN
28-12-3-26-2001-023
APU
28123262001023

Description

This exceptional retail opportunity is located inside a high-traffic Meijer store in Saginaw, Michigan, offering 798 square feet of prime, front-of-store space. The space boasts unparalleled visibility and access to thousands of weekly customers, leveraging Meijer's established shopper base. This "Store-Within-A-Store" concept provides a range of benefits, including a strategic location for maximum customer interaction and an all-inclusive monthly fee covering real estate taxes, property insurance, CAM, and utilities. Branding opportunities are available both inside and outside the store, enhancing exposure. The property is situated in a thriving trade area with a desirable customer base. This location is ideal for various businesses, including financial institutions, food and beverage vendors, service businesses, and health and wellness providers. The address is 8400 Gratiot Rd, Saginaw, MI 48609, within Saginaw County. The space is currently vacant and ready for immediate occupancy. This unique opportunity allows businesses to position themselves within one of the Midwest's most recognizable retail destinations.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $39,144,980
    Hospitality
    $35,856,588
    Educational
    $29,832,262
    Medical
    $30,858,240
    Retail
    $46,405,740

Location Insight

City
Saginaw
County
Saginaw
State
Michigan
Latitude
43.4176
Longitude
-84.0793
CBSA code
40980
CBSA name
SAGINAW-SAGINAW TOWNSHIP NORTH, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$200,873
-
-
$3,883,800
-
-
-
$7,767,600

FAQs

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