Justin Wilson - Commercial Real Estate Showcase

Justin Wilson Property Listings
Sage Investment Properties
2231 E Murray Holladay Rd
Suite 210
Salt Lake City, UT 84117

404 W Genesee Avenue

Saginaw, MI 48602-5512

(2.0 MB)

Property Type:Retail Sub Type:- Status:Under Construction, delivers October 2016 Year Built:2016
Building Size:9,180 SF Land Area:-
For Sale Price:$1,816,073 Price/SF:$197.83
Cap Rate:6.85 %

Sale Notes:
Sage Capital Partners is pleased to present this new construction Family Dollar relocation store in Saginaw, Michigan. This store will relocate the existing Family Dollar store number #2154, which is currently located in the Food Depot shopping center, directly east of the new store at 264 West Genesee Road. The existing store has successfully operated at this location for many years. By relocating the existing store to a new freestanding building, Family Dollar has shown their long-term commitment to this market. This new building will feature an attractive all-brick design.

Located on the hard corner of the signalized intersection of Gennesee Avenue and Michigan Avenue in Saginaw, Michigan, this site enjoys average annual daily traffic counts of 26,100 and is situated just across the Saginaw River from downtown Saginaw. The site is located adjacent to Walgreens and Rite Aid and is near many other national retailers including: McDonald' s, Taco Bell, 7-Eleven, Burger King, The Home Depot, Wal-Mart, Lowe' s, Target, Meijer, Food Depot, Sam' s Club, Cabela' s, Fashion Square Mall, and many more.

Saginaw is home to many companies and institutions, including: Saginaw Valley State University, Hewlett Packard, GM Powertrain, Hemlock Semiconductor, Dow Corning, Thomson Aerospace & Defense, Covenant Healthcare, MBS International Airport, and many more. The average household income in a 5-mile radius of this property increased by over 7% from 2000 to 2010 and is projected to increase by almost 15% from 2015 to 2020. This is a market with a proven track record of success for Family Dollar. This new store will continue to serve the population of over 107,000 residing within 5 miles.

Sage Investment Properties
Justin Wilson
(801) 438-0017

Jared Meyers
(801) 787-3981

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