Investment Overview
This exceptional property in the Saginaw area presents a compelling opportunity for retail or restaurant investment. Boasting a spacious 6,173 square foot building, this prime location was built in 2004 and underwent significant renovations in 2024, ensuring a fresh and modern ambiance for future tenants. Zoned B-3, the property offers a versatile canvas for creating a dynamic retail space or a thriving dining establishment. Its strategic location in the Saginaw area provides high visibility and easy access, making it an ideal choice for attracting a steady flow of customers. With its impressive size, recent updates, and favorable zoning, this property represents an outstanding prospect for retail or restaurant investors.
Investment Highlights
- Tenant recently renewed their lease Showing Strong Commitment to the location
- Absolute NNN Lease – Zero landlord responsibilities, providing a passive income stream
- The tenant has been at this location for over 20 years and recently exercised a new 10-year renewal, demonstrating a strong long-term commitment to the site
- Strong Corporate Guarantee – Backed by Famous Dave’s parent company, ensuring financial stability
- Long-Term Lease with Options – Secure lease term with renewal options, providing future income security
- Prime Retail Location – Situated in a high-traffic commercial corridor with strong retail synergy
- Established Tenant with National Recognition – Famous Dave’s is a well-known barbecue restaurant brand with a loyal customer base
- Situated on a 3± acre lot, the property benefits from ample land area, strong visibility, and the ability to accommodate a wide range of commercial uses
- Growing Market – Saginaw benefits from a strong local economy with a stable population and workforce
- Nearby National Tenants – Surrounded by major retailers such as Walmart, Meijer, Target, and Home Depot, driving consistent traffic