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3588 Tittabawassee Rd
Saginaw, MI 48604
Retail Property For Sale

Investment Highlights

  • New 15-year absolute NNN corporate lease to a national auto collision tenant.
  • Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
  • All Gerber locations have achieved the highest training level recognized in the collision industry, the I-CAR Gold Class Professionals® designation.
  • 10% rental increases every five years in initial term and four (4) option periods of five years each deliver steady growth
  • Gerber Collision & Glass has grown to one of the largest auto collision and glass repair companies in North America
  • By mid-2025, Boyd (including Gerber) exceeded 1,000 North American locations reinforcing its position as one of the largest collision repair operators

Executive Summary

Located on Tittabawassee Road, one of the region’s most highly trafficked thoroughfares with over 30,560 vehicles daily, this property offers unmatched visibility and access in Saginaw’s dynamic retail corridor. The site’s strong infill position places it within a hub of activity surrounded by leading national retailers, creating exceptional synergy for the tenant and sustained consumer draw.
Gerber Collision & Glass, the occupant under an absolute NNN lease, is among North America’s largest auto collision and glass repair operators with more than 850 locations. As part of the publicly traded Boyd Group Inc. (TSX: BYD.TO), the company’s scale and financial strength position it as a secure and stable tenant for long-term investors.
The property benefits from a solid demographic base and robust income levels. More than 79,700 residents live within a five-mile radius, while the immediate one-mile area features an average household income exceeding $133,000. This combination underpins strong purchasing power and continued economic vitality for the trade area.
The surrounding corridor features prominent national retailers and hospitality operators such as Walmart Supercenter, Sam’s Club, Target, Lowe’s, The Home Depot, Best Buy, Texas Roadhouse, and Outback Steakhouse, along with major hotel brands including Hampton Inn and Holiday Inn Express. These co-tenants significantly enhance traffic and elevate the overall prominence of the location.
The absolute NNN lease structure ensures a truly hands-off investment, with all maintenance, repair, and capital expenditures—including roof, structure, and parking—shifted entirely to the tenant. Coupled with projected household income growth across 1-, 3-, and 5-mile radii, this asset offers investors a reliable, passive income stream within a market trending toward sustained growth.

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Auto Repair
Building Size
16,500 SF
Building Class
B
Year Built
2026
Price
$5,476,386 CAD
Price Per SF
$331.90 CAD
Cap Rate
5.85%
NOI
$320,369 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
3.38 AC
Opportunity Zone
Yes
Zoning
B-2
Parking
51 Spaces (3.09 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Number
18-13-4-34-3001-006
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$366,334 CAD
  • Listing ID: 40482769

  • Date on Market: 2026-05-11

  • Last Updated:

  • Address: 3588 Tittabawassee Rd, Saginaw, MI 48604

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