www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33272070
33244195

600 East Morley Drive, Saginaw, MI 48601 For Sale

LG
MI 6502126741
CRS, Commercial Real Estate Services
Listed by CRS, Commercial Real Estate Services
$915,000
48 days on market
Updated 13 days ago

Apria Healthcare

Details
APN 10-12-5-27-2601-000
Property Type Industrial
Square Footage 8,400
Units 1
NOI $59,500
Year Built 1996
Year Renovated 2022
Stories 1
Lot Size (SqFt) 35,607
Zoning light industrial
Ground Lease No
Ceiling Height 16

About This Property for Sale

Marketing description

Industrial • 8,400 SF • 09/30/2024

Long Term tenancy dating back to 1996 Single Tenant deal; Apria is a leading national provider of home healthcare equipment and patient support services, serving communities throughout the United States. The company's strong reputation, extensive operational network, and commitment to patient care make it one of the premier healthcare service providers in the industry. 600 E. Morley Drive is strategically located within the Saginaw Industrial Park, offering excellent access to major freeway corridors and transportation networks. Its central Michigan location positions users to efficiently serve customers and operations throughout the entire State of Michigan.

The property benefits from convenient access to I-75, US-10, and M-13, providing strong regional connectivity for manufacturing, warehousing, distribution, and logistics operations. This highly accessible location offers an ideal opportunity for businesses seeking a cost-effective facility with the ability to reach key Michigan markets from a centralized hub. NNN leased deal no Landlord responsibility. Rare single-tenant industrial building offering an exceptional opportunity for passive investors. The property features efficient warehouse and operational space, ample parking and truck maneuverability, and a functional layout designed to accommodate a wide range of industrial, manufacturing, distribution, and service-related uses. Its single-tenant configuration provides operational efficiency, privacy, and full control of the facility, making it an attractive asset in today's limited industrial inventory market.

Investment highlights

  • Long Term tenancy dating back to 1996 Single Tenant deal; Apria is a leading national provider of home healthcare equipment and patient support services, serving communities throughout the United States. The company's strong reputation, extensive operational network, and commitment to patient care make it one of the premier healthcare service providers in the industry. 600 E. Morley Drive is strategically located within the Saginaw Industrial Park, offering excellent access to major freeway corridors and transportation networks. Its central Michigan location positions users to efficiently serve customers and operations throughout the entire State of Michigan.
  • The property benefits from convenient access to I-75, US-10, and M-13, providing strong regional connectivity for manufacturing, warehousing, distribution, and logistics operations. This highly accessible location offers an ideal opportunity for businesses seeking a cost-effective facility with the ability to reach key Michigan markets from a centralized hub. NNN leased deal no Landlord responsibility. Rare single-tenant industrial building offering an exceptional opportunity for passive investors. The property features efficient warehouse and operational space, ample parking and truck maneuverability, and a functional layout designed to accommodate a wide range of industrial, manufacturing, distribution, and service-related uses. Its single-tenant configuration provides operational efficiency, privacy, and full control of the facility, making it an attractive asset in today's limited industrial inventory market.

Listing Contacts

LG
MI 6502126741
CRS, Commercial Real Estate Services
Listed by CRS, Commercial Real Estate Services

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$59,500.00
$4,958.33/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591