2268-2580 Tittabawassee Rd - Storefront FOR SALE


Saginaw, MI 48604
$11,000,000 USD
616-799-6629
2268-2580 Tittabawassee Rd, Saginaw, MI for Sale
$11,000,000 USD
Storefront - FOR SALE
1/4
null | 9.19% Cap Rate

2268-2580 Tittabawassee Rd
Saginaw, MI 48604


HIGHLIGHTS

  • Dominant Shopping Center in Saginaw MI
  • Great Tenant Mix with Nationals and local Tenants
  • Extra Land for expansion or out lot
  • 5.8 Year WALT
  • 100% Occupied - New National Tenant coming soon!
  • Lowe's Shadow Anchored

OVERVIEW

Qualified investors are extended the opportunity to acquire a 100% fee interest in Bay Valley Shopping Center, a 197,703 square foot community center located on the corner of Tittabawassee Rd and I - 675 in Saginaw, MI. One of the main Retail hubs in eastern mid Michigan and drawing customers from neighboring cities like Bay City and Midland. Bay Valley Shopping Center sits in a prime retail node with an impressive tenant line-up, minimal retail competition, and shadow anchored by a strong performing Lowe’s. Bay Valley Shopping Center has a rich history of being one of the premier retail destinations in the area. The Property benefits from the underlying real estate fundamentals and top-tier location in the market utilizing the community center concept. Investors can feel secure in acquiring a shopping center with stable cash flows and a history of success in the Saginaw market

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/SF

$56 USD /SF

CAP RATE

9.19%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bay Valley Shopping Center ( Lowe's Shadowed)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

27.42 AC

LAND SF

1,194,415 SF

ZONING

B-2

APN/PARCEL ID

18134353005013

ASK ABOUT THIS PROPERTY

616-799-6629

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616-799-6629

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