Sterling Heights, MI 1031 exchange properties for sale

Updated: Mar 10

Sterling Heights Medical Office Asset

43205 Schoenherr Rd, Sterling Heights, MI 48313

$600,000

2,500 sqft 0.27 AC lot

Strong national tenant on a net lease provides stable cash flow.
Current rent is just over $52,000 per year with 2% annual increases.
Term in place through May 2028.
Highly visible location along Schoenherr Road corridor with quick access to Hall Road M‑59.
2,500 square foot dental medical office with clean, professional build out.**

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This listing looks promising.

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43205 Schoenherr Rd, Sterling Heights, MI 48313

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Est. Cap Rate

5.2%
NOI ÷ price
Est. NOI

$31K
Annual
Mortgage

$973K
May 2022
Last Sold

May 2022
$500K

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Sterling Heights, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Single-Tenant Dollar General Retail

7519 E Michigan Ave., Jackson, MI 49201

Contact for pricing

10,640 sqft

Newly opened Dollar General with an absolute NNN lease, corporate guaranty, and scheduled 5% rental increases.

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Dual Retail Storefront with Two Tenants

29921-29923 Harper Ave, Saint Clair Shores, MI 48082

Contact for pricing

2,400 sqft

Two remodeled 1,200 SF retail units totaling 2,400 SF, with one unit leased through January 2028.

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Remodeled Dual Retail Units

29921-29923 Harper Ave, Saint Clair Shores, MI 48082

Contact for pricing

2,400 sqft

Two 1,200 SF remodeled retail units totaling 2,400 SF, with one unit leased through January 2028.

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Single-Tenant Dollar General NNN

4582 Brooklyn Rd, Jackson, MI 49201

Contact for pricing

Single-tenant Dollar General with a 15-year absolute NNN lease, corporately guaranteed by Dollar General Corporation.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

2.56 Acre Countryside Lot

County Hwy B Lot 4, Neillsville, WI 54456

$54,500

2.56 AC lot

2.56 acre lot suitable for residence, cabin, shop, or business.

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Mature Building Site in Fairfield

1201 Walton Road, Fairfield, IA 52556

$150,000

2.50 AC lot

Land with garage/shop, utilities, and home site excavation.

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Mower County Tillable Farmland

Hwy 218, Austin, MN 55912

$749,000

38.00 AC lot

Productive, pattern-tiled tillable acres with paved-road access for growers and land investors.

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Rindge Land on Route 119

New Hampshire Route 119, Rindge, NH 03461

$65,000

0.73 AC lot

0.73-acre lot with visibility and potential in Rindge, NH.

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Sterling Heights, MI 1031 Exchange Properties Market Trends and Statistics

Explore 1 1031 exchange properties for sale in Sterling Heights, MI on our real estate platform. These investment opportunities span a total of 2,500 square feet of properties for sale, with an estimated market value of $600,000.

Sale prices for 1031 exchange properties in Sterling Heights, MI average $600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Sterling Heights, MI 1031 Exchange Properties for Sale

43205 Schoenherr Rd, Sterling Heights, MI 48313