5665 Bay Rd - Restaurant FOR SALE
Saginaw, MI 48604 |
$2,480,000 USD
248-579-5045
5665 Bay Rd
Saginaw, MI 48604
HIGHLIGHTS
- Tenant recently renewed their lease Showing Strong Commitment to the location
- Absolute NNN Lease – Zero landlord responsibilities, providing a passive income stream
- The tenant has been at this location for over 20 years and recently exercised a new 10- year renewal
- Strong Corporate Guarantee – Backed by Famous Dave’s parent company, ensuring financial stability
- Prime Retail Location – Situated in a high-traffic commercial corridor with strong retail synergy
- Established Tenant with National Recognition – Famous Dave’s is a well-known barbecue restaurant brand with a loyal customer base
FOR SALE DETAILS
PRICE
$2,480,000 USD
PRICE/SF
$375 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Famous Dave's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.13 AC
LAND SF
136,395 SF
ZONING
B-3
APN/PARCEL ID
18134341008014
ASK ABOUT THIS PROPERTY
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248-579-5045
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248-579-5045
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