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3588 Tittabawassee Rd
Saginaw, MI 48604
Commerce de détail Propriété À vendre

Certaines informations ont été traduites automatiquement.

Faits saillants de l'investissement

  • 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

Résumé de l'annonce

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.

Faits sur la propriété

Type de vente
Investissement pour loyer hypernet
Condition de vente
1031 Échange
Type de propriété
Commerce de détail
Sous-type de propriété
Réparation automatique
Taille du bâtiment
16 500 pi²
Classe d’immeuble
B
Année de construction
2026
Prix
5 491 310 $ CAD
Prix par pi²
332,81 $ CAD
Taux de capitalisation
5,85%
Revenu net d’exploitation
321 242 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,11
Taille du lot
3,38 AC
Zone de développement économique
Oui
Zonage
B-2
Stationnement
51 places (3,09 places par 1 000 pi² loué)

Impôts fonciers

Impôts fonciers

Numéro de lot
18-13-4-34-3001-006
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
367 333 $ CAD
  • ID d’inscription: 40482769

  • Date de mise sur le marché: 2026-05-11

  • Dernière mise à jour:

  • Adresse: 3588 Tittabawassee Rd, Saginaw, MI 48604

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