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4598 State St
Saginaw, MI 48603
Rite Aid w/ DriveThru | Near Walmart · Retail Property For Sale

Investment Highlights

  • 8 Years Remaining | Corporate Guaranteed Options To Extend
  • Pad to Green Acres Plaza | Kroger Anchored Center | Drive-Thru Equipped
  • Near Signalized, Hard Corner Intersection | Excellent Visibility & Access
  • NNN Leased | Land & Building Ownership | Limited Landlord Responsibilities
  • Nearby National/Credit Tenants | 24-Hour Walmart Supercenter

Property Facts

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,546 SF
Building Class
B
Year Built
2007
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
2.05 AC
Zoning
B-3
Parking
80 Spaces (5.5 Spaces per 1,000 SF Leased)
Frontage
152’ on State St

Amenities

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

About 4598 STATE ST , SAGINAW, MI 48603

The subject property is ideally positioned near the signalized, hard corner intersection of Hemmeter Road and State Street/State Highway 58 (36,400 VPD), a primary retail thoroughfare traveling through the city of Saginaw. Rite Aid is strategically located as a pad to Green Acres Plaza, a Kroger and Planet Fitness anchored shopping center, increasing exposure to the store and promoting cross-over shopping between the adjacent shopping center tenants. The asset is within close proximity to other nearby national/credit tenants such as a 24-Hour Walmart Supercenter, Menards, Aldi, AutoZone, Walgreens, Firestone Auto Care, O’Reilly Auto Parts, Starbucks, and more, futher increasing consumer traffic to the area. The 5-mile trade area is supported by a population of over 103,000 residents with an average household income of $61,000.

Property Taxes

Property Taxes

Parcel Number
23124163008006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$938,200
  • Listing ID: 15777171

  • Date on Market: 4/18/2019

  • Last Updated:

  • Address: 4598 State St, Saginaw, MI 48603

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