4875 Bay St - Restaurant FOR SALE


Saginaw, MI 48604
$1,340,000 USD
248-702-0288
4875 Bay St, Saginaw, MI for Sale
$1,340,000 USD
Restaurant - FOR SALE
1/6
null | 7.5% Cap Rate

4875 Bay St
Saginaw, MI 48604


HIGHLIGHTS

  • 3,069 SF Vitamin Shoppe in Saginaw Township - Located on 1.03 Acres of Land
  • 12 Year Lease with 1.5 Years Remaining
  • Established National Brand – Leading specialty retailer in the $50B+ health and wellness industry, operating since 1977
  • Located in the Epicenter of Retail Activity - a High Concentration of National Brands Driving Significant Traffic and Demand
  • Positioned in Saginaw’s dominant retail corridor, this property sits directly across from Fashion Square Mall and is surrounded by top national retail
  • Two Five-Year Options Featuring Rental Increases in Each Option Period

OVERVIEW

3,069 SF Vitamin Shoppe in Saginaw Township - Located on 1.03 Acres of Land 12 Year Lease with 1.5 Years Remaining Established National Brand – Leading specialty retailer in the $50B+ health and wellness industry, operating since 1977 Located in the Epicenter of Retail Activity - a High Concentration of National Brands Driving Significant Traffic and Demand Positioned in Saginaw’s dominant retail corridor, this property sits directly across from Fashion Square Mall and is surrounded by top national retailers, including Chick-fil-A, Arby’s, McDonald’s, AT&T, Burlington Coat Factory, Starbucks, Buffalo Wild Wings, Panera, Panda Express, and Best Buy Double Net Lease (NN) - Minimal Landlord Responsibilities Two Five-Year Options Featuring Rental Increases in Each Option Period High Visibility on Bay Road – Major Retail Corridor with 22,000+ Vehicles Per Day

FOR SALE DETAILS

PRICE

$1,340,000 USD

PRICE/SF

$433 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Vitamin Shoppe

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

69

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

Comm

APN/PARCEL ID

23124031001000

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.