




Single-Tenant Retail
Former Rite-Aid
5050 Gratiot Rd , Saginaw, MI 48603
Listing Price: $1,299,000
Click To Access Offering Memorandum- Building SF11114
- Price/SF11114
- Year Built / Renovated1999
Investment Highlights
- Vacant Former Rite Aid – includes all furniture, fixtures, and equipment
- High Visibility at the Northwest Corner of M-46 / Gratiot Road & N Center Road (38,393 VPD Combined)
- Quick Access to I-75 (63,107 VPD) & I-675 (23,906 VPD)
- 8.1 Million SF of Retail within a 5-Mile Radius (96.7% Occupancy Rate)
- 5 Miles from Saginaw’s Main Retail Corridor Major Retailers: Cabela’s, Home Depot, Lowe’s, Meijer, Target, Kohl’s, Walmart, Sam’s Club & Many Others
- Covenant Health Medical Centers – 3.6 Miles, 643 Beds | Michigan’s 6th Largest Hospital, 4,800 Employees
- Nexteer Automotive US Technical Center – 7.5 Miles, 5,000 Employees | 6 Manufacturing Plants (3.1 Million SF) Automotive Engineering Services: Software, Electrical, Mechanical, & Manufacturing On-Site Test Track, State-Of-The-Art Prototype Facilities & NVH Facility, EMI & Validation Facilities, Virtual Engineering
- Demographics: 97,515 Residents within a 5-Mile Radius, Average Household Income $87,506 within a 1-Mile Radius
Michigan Broker of Record | Paul Kerber | Two Towne Square, Ste 450 Southfield, MI 48076 | (248) 415-2600 | Lic #: 6506027275