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Rank #23 of 3157/100 · STRONG

SpeedwayAbsolute NNN

6303 Westside Saginaw Rd, Bay City, MI

Cap Rate5.25%
Asking$5,100,000
Annual Rent$267,756
Term Remaining12.3 yrs

Location Scorecard Fortis model · STRONG

Traffic (AADT)15,302 (2025)
Population (3 mi)16,642
Avg HH income (3 mi)$88,999
Daytime jobs (3 mi)4,751
Fuel competitors (1 mi)3
CountyBay County

Lease & Rent

Tenant / bannerSpeedway
Lease structureAbsolute NNN
Lease expirationDec 2038
Term remaining12.3 yrs
Rent escalations1.0% annually
Renewal options4 x 5-year (lease summary workbook)

Financials

Annual rent$267,756
Asking price$5,100,000
Cap rate5.25%
Building SF2,341
Price / SF$2,179

Financing Scenario

Loan
Down
Debt service
DSCR
Cash-on-cash
Debt yield

NNN — in-place rent treated as NOI. Illustrative only.

Full marketing flyer with demographics, traffic, aerials and lease detail.

Download Property Flyer (PDF)