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The Vitamin Shoppe

$1,340,000

4875 Bay Road, Saginaw, MI 48603

Active
Last Updated: 02/05/2025

7.5

Cap Rate

100,465.2

NOI

Details:
Cap Rate:    7.5%
NOI:    $100,465.20
Building Size:    3,096 sqft
Lot Area:    1.03 acres
Occupancy:    100%
Year Built:    1979
Floors:    1
Highlights:
  • 3,069 SF Vitamin Shoppe in Saginaw Township - Located on 1.03 Acres of Land
  • 12 Year Lease with 1.5 Years Remaining
  • Established National Brand – Leading specialty retailer in the $50B+ health and wellness industry, operating since 1977
  • Located in the Epicenter of Retail Activity - a High Concentration of National Brands Driving Significant Traffic and Demand
  • Positioned in Saginaw’s dominant retail corridor, this property sits directly across from Fashion Square Mall and is surrounded by top national retailers, including Chick-fil-A, Arby’s, McDonald’s, AT&T, Burlington Coat Factory, Starbucks, Buffalo Wild Wings, Panera, Panda Express, and Best Buy
  • Double Net Lease (NN) - Minimal Landlord Responsibilities
  • Two Five-Year Options Featuring Rental Increases in Each Option Period
  • High Visibility on Bay Road – Major Retail Corridor with 22,000+ Vehicles Per Day
Description:

Introducing 4875 Bay Road, Saginaw, MI: a prime investment opportunity. This 3,096 SF free-standing building, meticulously maintained since its construction in 1979, boasts 100% occupancy, making it an attractive prospect for retail investors. Located in the thriving Saginaw area, this property promises both stability and potential for growth. With a strong rental history and strategic positioning, this property is the ideal addition to any investor's portfolio. Don't miss the chance to acquire this prime retail opportunity.

As a city on the riverfront, that flourishes from the culture and diversity of its neighborhoods and localities, Saginaw embodies many traditional American qualities such as hard work and a strong sense of community. These values are reflected in the social fabric of our various districts. Our diverse makeup also lends to a host of amazing cultural activities and events throughout our city. Located in the heart of the Great Lakes Bay Region, we provide something for every age, travel taste, and budget, including many free and family-oriented attractions year-round. In this, our wonderful city truly embodies the spirit of Pure Michigan.

Our beautiful Riverfront provides almost constant nature-watching and relaxation opportunities year-round, whether cruising down the waterway on a summer day, fishing from the banks of the new pier near Court Street, or strolling along the Saginaw Riverwalk, or Ice Fishing in the Annual "Shiver on the River". You can also enjoy adventurous tours of one of the largest wetland ecosystems in Michigan, the Shiawassee National Wildlife Refuge.

If you are looking to enjoy seasonal events, Saginaw has a plethora of great attractions, such as our winter Holidays in the Heart of the City, which features two days of family fun as Saginaw kicks off the Christmas season. Hoyt Park is home to the largest outdoor skating rink in the area, complete with a newly renovated warming house. In the summer, Saginaw showcases its amazing Fourth of July Fireworks event, with a spectacular show on Ojibway Island. More great summer entertainment in the form of great food and music comes with our WKQC Country Music Fest, also located on Ojibway Island, and our free summer concert series.

If you are looking for culture, Saginaw is home to many beautiful sites such as the treasured Japanese Cultural Center and Tea House; and our historic Temple Theatre, which hosts many events throughout the year. More adventures await at the Mid-Michigan's Children's Museum and the Children's Zoo at Celebration Square, as well as our historic Castle Museum. If relaxation is on your mind, take a calming stroll along our riverfront through one of our many parks, such as Hoyt Park, Celebration Square, or Ojibway Island.

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