2006-2034 N Saginaw Rd
Midland, MI 48640
Retail Property For Sale

The Jonna Group of Marcus & Millichap is pleased to present the exclusive listing for Northwest Plaza, an 131,307-square foot, grocery-anchored retail center located in Midland, Michigan. The center is over 95 percent occupied and offers tremendous upside and value-add for an incoming investor. The center is anchored by Family Fare grocery store as well as a mix of national tenants such as Jo Ann Fabrics, Taco Bell, The UPS Store, and Little Caesars, Goodwill, Subway, among other local tenants. Taco Bell operates in a recently constructed free standing building under a triple-net Ground Lease with close to twenty years remaining. The center is well-positioned on 11 acres in the core retail trade zone with retailers in the immediate vicinity such as Walgreens, McDonald's, The Home Depot, Meijer, Target, Starbucks, Panera Bread, Lowes, Verizon Wireless and many more. The subject property is located at the northwest intersection of Saginaw Road. Saginaw Road, a major East-West thoroughfare with over 28,000 vehicles per day passing by the property, servicing other complimentary retail and commercial service users. There are over 51,000 people living within a five-mile radius. Midland is home to an affluent demographic, with the average household income within one mile from the subject site being more than $116,000. The population density of the nearby community together with the property's visibility and access along heavily traveled Saginaw Road, create an ideal environment for a local retailers to thrive.