Bay City, MI - Vacant Restaurant
Market Price
4109 Wilder Rd, Bay City, MI 48706
7,000 sqft
Building Size
1.61 acres
Lot Area
Details:
Description:
SRS National Net Lease is pleased to offer the opportunity to lease or purchase the fee simple interest (land and building) in a single-tenant, freestanding former restaurant property located in Bay City, MI. The property consists of 7,000 SF of GLA on 1.61 acres and is zoned Highway Business: C-2-B, providing a wide range of retail and mixed-use possibilities. The site presents an excellent lease-up or redevelopment opportunity in a highly desirable retail corridor with direct access to major residential communities, strong national and credit tenants, schools, and key commuter routes. The property is situated as an outparcel to the Bay City Town Center, a 425,000 square foot shopping mall providing additional traffic driver to the restaurant.
The former restaurant is at the signalized hard-corner intersection of Wilder Rd and State Park Dr, which sees a combined traffic count of approximately 32,100 vehicles per day (VPD). The site is situated nearby multiple highways including Interstate 75 (59,900 VPD) and State Highway 13 (27,700 VPD), serving the city of Bay City, Michigan. Additionally, the subject property is located across the road from a Walmart Supercenter which serves as the primary supermarket and one-stop-shop for the residents in the area. Furthermore, other nearby national/credit tenants include The Home Depot, Meijer, Kroger, ALDI, Dollar Tree, Harbor Freight Tools, Planet Fitness, PetSmart, Dollar Tree, and more, significantly enhancing regional consumer draw. Moreover, the property is located within a fast food retail corridor with national/credit tenants including Chipotle, Panda Express, Panera Bread, Starbucks, and more. The asset benefits from excellent frontage and visibility along Wilder Road, including large, highly visible pylon signage. The 5-mile trade area is supported by a population of over 67,200 residents, and 29,800 employees with an average household income of $72,217.
Location
Gallery
