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3725 S Saginaw St
Flint, MI 48507
Great Lakes Plaza · Retail Property For Sale
Investment Highlights
- 12,000 SF Building | Located Along South Saginaw Street Averaging 16,700+ Vehicles Per Day
- 100% Occupied with Stable Income | Ability to Increase Rents/Convert to NNN to Add Value
- Turnkey Asset | Minimal Initial Improvements are needed for Continued Operational Success
- Recent Parking Lot Updates
- Convenient Access and Excellent Visibility
- Less than 3 Miles from Downtown Flint
Executive Summary
12,000 SF Building | Located Along South Saginaw Street Averaging 16,700+ Vehicles Per Day
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
12,240 SF
Building Class
C
Year Built
1989
Price
$966,453 CAD
Price Per SF
$78.96 CAD
Cap Rate
11.93%
NOI
$115,267 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
1.16 AC
Zoning
D-6 - Highway Commercial
Parking
50 Spaces (4.08 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 41-19-480-006 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $376,569 CAD |
Property Taxes
Parcel Number
41-19-480-006
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$376,569 CAD
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