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Former Rite Aid (Sale or Lease) 11801 N Saginaw St

10,855 SF Retail Building Mount Morris, MI 48458 £954,350 (£88/SF)

INVESTMENT HIGHLIGHTS

  • RARE RITE AID CORPORATE GUARANTEE
  • 8 (5) YEAR OPTIONS
  • BONDED NNN LEASE (TRUE ABSOLUTE NNN LEASE)
  • CORNER OF N SAGINAW AND W MT MORRIS ST

EXECUTIVE SUMMARY

BUILT IN 2000
60 SURFACE PARKING SPOTS
CORNER OF N SAGINAW AND W MT MORRIS ST
N SAGINAW STREET 9,000 VPD
W MT. MORRIS STREET 6,000 VPD
CLOSE PROXIMITY TO DEVELOPED SUBDIVISIONS
$54K AVERAGE HOUSEHOLD INCOME IN 5-MILE RADIUS

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
Tenants option to buy property
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,855 SF
Building Class
C
Year Built
2000
Price
£954,350
Price Per SF
£88
Tenancy
Single
Number of Floors
1
Building FAR
0.16
Lot Size
1.58 AC
Zoning
R-1 SF PUD
Parking
60 Spaces (5.53 Spaces per 1,000 SF Leased)

AMENITIES

  • Drive Thru

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 10,855 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 10,855 SF Retail - Now

1st Floor

Size
10,855 SF
Space Use
Retail
Position
-
Available
Now

NEARBY MAJOR RETAILERS

Huntington National Bank
Biggby Coffee
Kroger
Rent-A-Center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
57-01-579-004
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£344,043
  • Listing ID: 28289174

  • Date on Market: 21/04/2023

  • Last Updated:

  • Address: 11801 N Saginaw St, Mount Morris, MI 48458

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