Log In/Sign Up
Your email has been sent.
5665 Bay Rd
Saginaw, MI 48604
Famous Dave's · Retail Property For Sale
Investment Highlights
- Tenant recently renewed their lease Showing Strong Commitment to the location
- The tenant has been at this location for over 20 years and recently exercised a new 10- year renewal
- Prime Retail Location – Situated in a high-traffic commercial corridor with strong retail synergy
- Absolute NNN Lease – Zero landlord responsibilities, providing a passive income stream
- Strong Corporate Guarantee – Backed by Famous Dave’s parent company, ensuring financial stability
- Established Tenant with National Recognition – Famous Dave’s is a well-known barbecue restaurant brand with a loyal customer base
Executive Summary
Absolute NNN - Recent Lease Extension.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,595 SF
Year Built
2004
Price
$2,480,000
Price Per SF
$326.53
Cap Rate
7.50%
NOI
$186,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
3.13 AC
Opportunity Zone
Yes
Zoning
B-3
Property Taxes
| Parcel Number | 18134341008014 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $722,100 |
Property Taxes
Parcel Number
18134341008014
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$722,100
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
