1470 Tittabawassee Rd - Drug Store FOR SALE


Saginaw, MI 48604
$1,350,000 USD
248-841-5007
1470 Tittabawassee Rd, Saginaw, MI for Sale
$1,350,000 USD
Drug Store - FOR SALE
1/31
null | Request Cap Rate

1470 Tittabawassee Rd
Saginaw, MI 48604


HIGHLIGHTS

  • Strong Location
  • Renovation or Medical Office Conversion
  • Nearby Medical & University Demand Drivers
  • High-Parking Ratio, Infrastructure, and Modern Construction with Value Pricing
  • Retail Anchors & Dense Amenity Base

OVERVIEW

NAI Farbman is pleased to offer a prime investment opportunity at 1470 Tittabawassee Road, Saginaw, MI. This well-maintained former Rite-Aid is strategically located on a 3.65-acre corner lot with a stoplight, providing excellent visibility and accessibility. The property features high ceilings, a fire suppression system, a drive-thru window, and a large parking lot, making it an attractive option for a variety of retail or alternative uses. The offering is priced to sell well below many similar comparable sales. The building is ideal for a retail user, medical clinic, or other general office users. The property is part of a vibrant corridor with retail to the west, medical offices to the south, and residential neighborhoods to the east. Given its strategic location, existing infrastructure, and growth potential, the former Rite-Aid property represents an excellent investment opportunity in the Saginaw market.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$93 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Rite Aid - Saginaw, MI

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.25 AC

LAND SF

185,130 SF

ZONING

B2

APN/PARCEL ID

18134364006000

ASK ABOUT THIS PROPERTY

Todd SzymczakNAI FarbmanMore Info
248-841-5007

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Todd SzymczakNAI FarbmanMore Info
248-841-5007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.