4575 Bay Rd, Saginaw, MI 48603
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1 Georges 4575 Bay Rd, Saginaw, MI Listing ID: Status: Active Property Type: Business Opportunity For Sale Industry: Professional Services Size: 6,600 SF Sale Price: $852,000 Sale Terms: Cash to Seller Loading: 2 Docks Ceiling: 12 ft. Overview/Comments Completely remodeled fully leased income property for sale. Located across the the Fashion Square Mall on Bay Road. It has 3 tenants with neww 5 year leases see Broker for details. More Information Online QR Code Scan this image with your mobile device: General Information Industry: Industry Segment: Name of Establishment: Gross Revenue: Professional Services Other Professional Services Investment $0 (Annual) Cash Flow: Building/Unit Size (RSF): Sale Terms: $74,600 (Annual) 6,600 SF Cash to Seller Business Details Value of Inventory Included ($): $0 Value of Furniture, Fixtures, and $0 Equipment ($): Real Estate Status: Leased Value of Real Estate Included $852,000 ($): Real Estate Lease Description: 6600 sq ft building divided into 3 equal sizes and fully leased with 5 year leases. Location Address: 4575 Bay Rd, Saginaw, MI County: Saginaw MSA: Saginaw-Saginaw Township North Employee/Labor Description: Mgmt/Training Support Description: Competition/Market Description: Growth/Expansion Opportunities: None needed None needed N/A Possible Page 1
2 Property Images bay&tittdiscount Property Contacts Larry C. Miller, SIOR The Miller Group of Saginaw Inc [O] Page 2
3 Demographics, Labor/Workforce, and Consumer Expenditures 4575 Bay Rd, Saginaw, MI Disclaimer: While we believe this information (via GeoLytics) to be reliable, we have not checked its accuracy and make no guarantee as to its validity. By using the information provided on this page, the user acknowledges that the data may contain errors or other nonconformities. You and/or your client should diligently and independently verify the specifics of the information that you are using. Population 2020 Projection 2,057 46,261 95, Estimate 2,123 48, , Census 2,096 50, ,304 Growth % -4.66% -5.47% Growth % -3.06% -6.32% Population (Male) 2020 Projection 1,052 22,204 45, Estimate 1,083 23,142 47, Census 1,009 23,584 50,740 Growth % -4.05% -4.92% Growth % -1.87% -5.69% Page 3
4 Population (Female) 2020 Projection 1,005 24,057 49, Estimate 1,040 25,379 52, Census 1,087 26,471 56,564 Growth % -5.21% -5.97% Growth % -4.13% -6.88% Population by Age (2015 Estimate) Age 0 to ,496 5,720 Age 5 to ,931 6,709 Age 10 to ,855 6,554 Age 15 to ,846 6,650 Age 20 to ,007 6,783 Age 25 to ,138 6,855 Age 30 to ,171 6,633 Age 35 to ,129 6,371 Age 40 to ,133 6,279 Age 45 to ,277 6,433 Age 50 to ,327 6,467 Age 55 to ,245 6,391 Age 60 to ,001 5,899 Age 65 and over 393 8,965 16,782 Total Population 2,123 48, ,526 Median Age Age 0 to 5 Age 5 to 10 Age 10 to 15 Age 15 to 20 Age 20 to 25 Age 25 to 30 Age 30 to 35 Age 35 to 40 Age 40 to 45 Age 45 to 50 Age 50 to 55 Age 55 to 60 Age 60 to 65 Age 65 and over 5% 5% 6% 4% 6% 7% 4% 6% 7% 5% 6% 7% 6% 6% 7% 7% 6% 7% 8% 7% 7% 9% 6% 6% 8% 6% 6% 7% 7% 6% 7% 7% 6% 6% 7% 6% 6% 6% 6% 19% 18% 17% Median Age (Male) 2010 Census Median Age (Female) 2010 Census High School Graduates Age 25+ by Educational Attainment (2015 Estimate) High School Graduate (or GED) ,077 22,028 Some College, No Degree 386 8,297 15,681 Associate or Bachelor's Degree 112 2,947 5,361 Master's Degree 136 1,713 3,219 Professional School Degree ,254 Doctorate Degree Total High School Graduates Age 25+ 1,160 25,064 48,103 High School Graduate (or GED) Some College, No Degree Associate or Bachelor's Degree Master's Degree Professional School Degree Doctorate Degree 38% 44% 46% 33% 33% 33% 10% 12% 11% 12% 7% 7% 5% 3% 3% 2% 1% 1% Page 4
5 Households 2020 Projection 1,002 18,233 38, Estimate 1,031 19,125 40, Census 1,018 19,792 43,194 Growth % -4.66% -5.41% Growth % -3.37% -6.21% Average Household Size 2020 Projection Estimate Census Growth % 0% 0.02% Growth % 0.21% -0.23% Page 5
6 Households by Household Type and Size and Presence of Children (2015 Estimate) Family Households ,829 25,045 Married-couple family 303 8,158 15, ,919 5, ,239 10,322 Male Householder: ,928 no wife present ,022 Female Householder: no husband 146 2,809 7,268 present 86 1,646 4, ,163 2,993 Nonfamily Households 546 7,296 15,468 1 Person households 388 5,878 12, Unrelated people 158 1,418 2,691 Total Households 1,031 19,125 40,513 Family Households Married-couple family Male Householder: no wife present Female Householder: no husband present Nonfamily Households 1 Person households 2+ Unrelated people 47% 62% 62% 29% 43% 39% 9% 15% 14% 21% 27% 25% 3% 5% 5% 1% 2% 2% 3% 2% 3% 14% 15% 18% 8% 9% 11% 6% 6% 7% 53% 38% 38% 38% 31% 32% 15% 7% 7% Page 6
7 Households by Household Income (2015 Estimate) Less than $25, ,718 13,072 $25,000 to $49, ,914 11,234 $50,000 to $74, ,466 6,975 $75,000 to $99, ,240 4,140 $100,000 to $124, ,263 2,462 $125,000 to $149, ,068 $150,000 to $199, $200,000 or more Total Households 1,031 19,125 40,513 Average Household Income $60, $57, $52, Median Household Income $48, $49, $44, Less than $25,000 $25,000 to $49,999 $50,000 to $74,999 $75,000 to $99,999 $100,000 to $124,999 $125,000 to $149,999 $150,000 to $199,999 $200,000 or more 43% 30% 32% 12% 26% 28% 16% 18% 17% 15% 12% 10% 0% 7% 6% 7% 3% 3% 4% 3% 2% 3% 2% 2% Households by Household Income (2020 Projection) Less than $25, ,411 12,208 $25,000 to $49, ,674 10,630 $50,000 to $74, ,317 6,648 $75,000 to $99, ,153 3,977 $100,000 to $124, ,216 2,357 $125,000 to $149, ,017 $150,000 to $199, $200,000 or more Total Households 1,002 18,233 38,323 Average Household Income $60, $57, $52, Median Household Income $47, $49, $44, Less than $25,000 $25,000 to $49,999 $50,000 to $74,999 $75,000 to $99,999 $100,000 to $124,999 $125,000 to $149,999 $150,000 to $199,999 $200,000 or more 44% 30% 32% 12% 26% 28% 16% 18% 17% 15% 12% 10% 0% 7% 6% 7% 3% 3% 3% 3% 2% 3% 2% 2% Per Capita Income 2015 Estimate $27,009 $22, $21, Unemployment Rate 2015 Estimate 4.73% 8.07% 12.29% Page 7
8 Population Age 16+ By Employment Status (2015 Estimate) Labor Force 1,068 25,308 50,422 Civilian, Employed 1,030 23,721 45,808 Civilian, Unemployed 38 1,587 4,614 Not in Labor Force ,803 38,779 Total Population Age 16+ 1,998 44,111 89,201 Labor Force Civilian, Employed Civilian, Unemployed Not in Labor Force 53% 57% 57% 52% 54% 51% 2% 4% 5% 47% 43% 43% Employed Civilian Population Age 16+ by Industry (2015 Estimate) Agriculture, forestry, fishing and hunting, mining and ,529 construction Manufacturing 103 2,982 6,364 Wholesale & retail trade 211 4,364 7,718 Transportation and warehousing, and 6 1,076 1,818 utilities Information ,442 Finance, insurance, real estate and ,474 rental and leasing Professional, scientific, and 50 1,625 3,498 technical services Educational, health and social services 585 6,811 12,802 Arts, entertainment, recreation, accommodation and 183 2,313 4,316 food services Other services (except public 9 1,739 3,273 administration) Public Administration 75 1,047 1,888 Total Employed Civilian Population Age 16+ 1,270 24,314 46,122 Agriculture, forestry, fishing and hunting, mining and construction Manufacturing Wholesale & retail trade Transportation and warehousing, and utilities Information Finance, insurance, real estate and rental and leasing Professional, scientific, and technical services Educational, health and social services Arts, entertainment, recreation, accommodation and food services Other services (except public administration) Public Administration 0% 3% 3% 8% 12% 14% 17% 18% 17% 0% 4% 4% 4% 3% 3% 0% 3% 3% 4% 7% 8% 46% 28% 28% 14% 10% 9% 1% 7% 7% 6% 4% 4% Housing Units by Tenure (2015 Estimate) Vacant Housing Units 24 2,683 8,655 Occupied Housing Units 1,031 19,125 40,513 Owner- Occupied ,186 27,036 Renter- Occupied 732 5,939 13,477 Total Housing Units 1,055 21,808 49,168 Vacant Housing Units Occupied Housing Units Owner- Occupied Renter- Occupied 2% 12% 18% 98% 88% 82% 28% 60% 55% 69% 27% 27% Page 8
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