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Retail Space on Golden Corridor
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13801 Lakeside Circle, Sterling Heights, MI 48313

Redeveloped retail space in Sterling Heights' high-traffic area.

Space Size5,600 SF
Days on Market1367

Property Features for 13801 Lakeside Circle

General Information

Standard status Active
Size 5,600 SF
Property subtype Retail

Building Details

Building Size 5,611 SF
Tenancy Multiple

Spaces For Lease

at 13801 Lakeside Circle Contact us

Available Space

Size
5,600 SF
Type
Retail
Availability
Active
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Listing Agency: Mid-America Real Estate - Michigan, Inc.
Listed By: Eric Birnholtz · License #6501412484
Source: Crexi
Added: Nov 23, 2022 Changed: Aug 8 Last Checked: Aug 20 at 7:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mid-America Real Estate - Michigan, Inc.

Investment Insights

Based on property information with market context.

The available retail space is located in a redeveloped building formerly occupied by Toys "R" Us, now tenanted with Total Wine and Big Blue Swim School. The space is in white box condition, ready for customization. Situated at the southeast corner of M-59 and Schoenherr Road in Sterling Heights, Michigan, the property benefits from its location on M-59, also known as the "Golden Corridor." This corridor is recognized for its significant economic impact in Macomb County and Metro Detroit, featuring a variety of shopping, dining, and retail options, as well as colleges, hospitals, a minor league baseball park, a major performing arts center, and bustling industry. The Golden Corridor sees over $2.6 billion in annual consumer spending. The site experiences a composite traffic count exceeding 130,000 vehicles per day.

Key Highlights

  • Located on the "Golden Corridor" (M‑59) known for its significant economic impact and diverse amenities.
  • High traffic location with over 130,000 vehicles per day (VPD).**
  • Situated at a prime intersection (SEQ of M‑59 & Schoenherr Road).

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,317
Businesses Nearby
835k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 34% Shops & Services 27% Dining 19% Superstores 15%
Target Superstores
128,850 visits/mo 0.3 miles
Chick-fil-A Dining
78,716 visits/mo 0.2 miles
Kohl's Apparel
70,156 visits/mo 0.5 miles
Macy's Apparel
67,350 visits/mo 0.4 miles
Hobby Lobby Shops & Services
48,928 visits/mo 0.2 miles

Demographics for 48313, MI

34,169
Population
14,288
Households
2.4
Avg Household Size
43
Median Age
32%
College-Educated
92%
High-School Grad
8.7 sq mi
ZIP Area
3,927
Density / Sq Mi
$87,292
Median Household Income
$47,668
Median Earnings
$1,152
Median Rent
$248,800
Median Home Value

Market

Lease Benchmarks for Sterling Heights, MI

$30 /SF/Yr
Avg Asking Price
$12–$100 /SF/Yr
Price Range
45,200 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Redeveloped retail space in Sterling Heights' high-traffic area.
Where is this retail space located?
The property is located at 13801 Lakeside Circle Sterling Heights, MI.
What are key features of this property?
This property features: Located on the "Golden Corridor" (M‑59) known for its significant economic impact and diverse amenities.; High traffic location with over 130,000 vehicles per day (VPD).**; Situated at a prime intersection (SEQ of M‑59 & Schoenherr Road).
More about this property
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