1245-1255 Baldwin Ave
Pontiac, MI 48340
Save-A-Lot Anchored Center · Retail Property For Sale

The Jonna Group of Marcus & Millichap is pleased to present the exclusive listing for Baldwin Square, a 26,180-square foot, corporate Save-A-Lot-anchored retail center located in Pontiac, Michigan, an inner ring suburb of Detroit. The center is over 76% occupied and offers tremendous upside and value-add for an incoming investor. The center is anchored by Save-A-Lot, a dollar store and a Metro PCS store. Save-A-Lot and the dollar store operate under a triple-net lease. Save-A-Lot has over six years left Five, 5-year options with rent increase. The center is well-positioned on nearly three acres in the core retail market with retailers in the immediate vicinity such as CVS Pharmacy, Rite Aid Pharmacy, Burger King, McDonald’s AutoZone, O’Reilly Auto Parts, Family Dollar, 7-Eleven, Little Caesars, Chase Bank and is adjacent to many industrial/warehouse sites including the 24/7 US Postal Service Michigan Metroplex P&DC, the busiest U.S. Postal Service canceling facility in the nation. The subject property is located in Pontiac, MI, the county seat of Oakland County, one of the wealthiest counties in the country. The city achieved its widest reputation for its General Motors automobile manufacturing plants of the 20th century, which were the basis of its economy and contributed to the wealth of the region.