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4875 Bay St
Saginaw, MI 48604
The Vitamin Shoppe · Retail Property For Sale
Investment Highlights
- 3,069 SF Vitamin Shoppe in Saginaw Township - Located on 1.03 Acres of Land
- Established National Brand – Leading specialty retailer in the $50B+ health and wellness industry, operating since 1977
- Positioned in Saginaw’s dominant retail corridor, this property sits directly across from Fashion Square Mall and is surrounded by top national retail
- The Vitamin Shoppe Recently Executed a 6-Year Extension Thru 2032 | 4.65% Rental Increase in 2030
- Located in the Epicenter of Retail Activity - a High Concentration of National Brands Driving Significant Traffic and Demand
- Two Five-Year Options Featuring Rental Increases in Each Option Period
Executive Summary
3,069 SF Vitamin Shoppe in Saginaw Township - Located on 1.03 Acres of Land
The Vitamin Shoppe Recently Executed a 6-Year Extension Thru 2032 | 4.65% Rental Increase in 2030
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 10% Rental Increases in Each Option Period
High Visibility on Bay Road – Major Retail Corridor with 22,000+ Vehicles Per Day
The Vitamin Shoppe Recently Executed a 6-Year Extension Thru 2032 | 4.65% Rental Increase in 2030
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 10% Rental Increases in Each Option Period
High Visibility on Bay Road – Major Retail Corridor with 22,000+ Vehicles Per Day
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,096 SF
Building Class
C
Year Built/Renovated
1979/2015
Price
$1,847,780 CAD
Price Per SF
$596.83 CAD
Cap Rate
7.16%
NOI
$132,378 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.03 AC
Zoning
Comm
Parking
69 Spaces (10 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 23-12-4-03-1001-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $483,028 CAD |
Property Taxes
Parcel Number
23-12-4-03-1001-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$483,028 CAD
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