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2945 Bay Rd
Saginaw, MI 48603

$2,561,000 USD

Restaurant For Sale  •  7,460 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 2,333 SF
  • Lot Size 1.42 AC
  • Building Class C
  • Year Built 1968
  • Cap Rate 5.50 %
  • Tenancy Single
50 Walk Score

Highlights

15-year sale-leaseback with Four, 5-Year options from the Close of Escrow
Absolute NNN lease — zero landlord responsibilities for taxes, insurance, CAM, roof/structure
10% rental increases every 5 years providing steady NOI appreciation
Experienced franchisee: 7 Bells, LLC (±14 units) with 30+ years in Yum! Brands system
2023 construction drive-thru reducing near-term capital expenditure risk
±38,200 VPD at signalized intersection of Shattuck Rd. and Bay Rd.

Property Flyers

Cap Rate: 5.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Taco Bell

Public Transportation

AirportDriveWalkDistance
MBS International 26 min - 13.5 mi
Bishop International 61 min - 43.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 76
Type: Surface
Included in Rent: Yes
Hudson DeJean 605-941-3721 Matthews Real Estate Investment Services
Hudson DeJean 605-941-3721 Matthews Real Estate Investment Services