5665 Bay Rd - Restaurant FOR SALE
Saginaw, MI 48604 |
$3,075,000 USD
248-579-5045
5665 Bay Rd
Saginaw, MI 48604
HIGHLIGHTS
- Absolute NNN Lease – Zero landlord responsibilities, providing a passive income stream
- Strong Corporate Guarantee – Backed by Famous Dave’s parent company, ensuring financial stability
- Long-Term Lease with Options – Secure lease term with renewal options, providing future income security
- Prime Retail Location – Situated in a high-traffic commercial corridor with strong retail synergy
- High Visibility & Access – Excellent frontage on a major thoroughfare with easy ingress/egress
- Established Tenant with National Recognition – Famous Dave’s is a well-known barbecue restaurant brand with a loyal customer base
FOR SALE DETAILS
PRICE
$3,075,000 USD
PRICE/SF
$465 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Famous Dave's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Bar, Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.12 AC
LAND SF
135,907 SF
ZONING
B-3
APN/PARCEL ID
18134341008014
ASK ABOUT THIS PROPERTY
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248-579-5045
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248-579-5045
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