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3725 Bay Rd
Saginaw, MI 48603
Admiral Petroleum · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Long-Term Original 20-Year Absolute Triple Net (NNN) Lease
  • Attractive Rental Increases of Two Percent (2.00%) Annually
  • Surrounding Retailers Include: Lowe’s, Walmart, Home Depot, Aldi, Sam’s Club, At Home, Target, and Many More
  • Approximately 15 Years Remaining
  • Four (4), Five (5)-Year Tenant Renewal Options
  • Dense Retail Corridor

PROPERTY FACTS

Property Type
Retail
Property Subtype
Convenience Store
Building Size
406 SF
Building Class
B
Year Built
1969
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
0.72 AC
Zoning
B-4
Frontage
151’ on Bay Rd

AMENITIES

  • Signage

ABOUT 3725 BAY RD , SAGINAW, MI 48603

The subject investment property is situated on Bay Road, which boasts average daily traffic counts exceeding 29,300 vehicles respectively. Bay Road runs parallel with I-675, which brings an additional 32,000 vehicles into the immediate area on average daily. There are more than 51,500 individuals residing within a three-mile radius of the property and more than 102,800 individuals within a five-mile radius. The subject property is well-positioned in a dense retail corridor consisting of many national and local tenants. Surrounding major retailers include: Lowe’s, Walmart, Home Depot, Aldi, Best Buy, Macy’s, Kohl’s, at Home, Target, Starbucks, Red Lobster, Chipotle and many more. St. Mary’s of Michigan Medical Center, a 268-bed facility is located six miles from the subject property. Saginaw Valley State University is located three-miles from the subject property and has a combined total enrollment of approximately 9,800 students. Fashion Square Mall is located just north of the subject property and serves as the largest and most dominant enclosed mall within the Great Lakes Bay Region. The mall, anchored by JCPenney, Macy’s, and Sears, features over 800,000 square feet of retail with over 100 retailers and a movie theater, is a large traffic driver to the immediate area. Saginaw is a city in the U.S. state of Michigan and the seat of Saginaw County. The city of Saginaw and Saginaw County are both located in the area known as Mid-Michigan or Central Michigan. The city of Saginaw is located adjacent to Saginaw Charter Township and is considered part of the Tri-City area, along with neighboring Bay City and Midland. Saginaw's entertainment hub can be found in the downtown area, where venues such as The Dow Event Center and the restored Temple Theatre offer live entertainment. The Saginaw Bay Symphony Orchestra and Saginaw Choral Society are housed in the Temple and each of these organizations perform full concert series annually at the Temple venue. The Saginaw Historical Society is also located downtown in an elaborate castle. Nearby, the Saginaw Art Museum boasts an impressive permanent collection and recently underwent a massive renovation. The Celebration Square area of downtown boasts an authentic Japanese Tea House, the only one of its kind in Michigan.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23124101010000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$154,300
  • Listing ID: 15801486

  • Date on Market: 4/22/2019

  • Last Updated:

  • Address: 3725 Bay Rd, Saginaw, MI 48603

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