13901 Metro Pkwy, Sterling Heights, MI 48312
14,490 SF building on 3.66 acres, 100% occupied.
- Added:
- Jan 14, 2026
- Days on Market:
- 164
- Last Refresh:
- Mar 17 at 1:20 pm
Property Features for 13901 Metro Pkwy
General Information
- Standard status
- Active
- Size
- 14,490 SF
- Lot size
- 3.66 Acres
- Property subtype
- Retail
Listing office AQRE Advisors
Listing date Jan 14, 2026
Source Crexi
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 AQRE Advisors
HighLights
- 100% occupied by Walgreens, subleased by Dollar Tree, providing stable income.
- Located on a large 3.66‑acre lot.
- Single tenant building, simplifying management.
- Located at 13901 Metropolitan Pkwy, Sterling Heights, MI 48312.
- Building size is ±14,490 SF.
- Property is being offered for sale.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $269.5k | $18.60 |
| − Vacancy | −$20.8k | −$1.43 |
| EGI | $248.8k | $17.17 |
| − OpEx | −$74.6k | −$5.15 |
| NOI | $174.1k | $12.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sterling Heights
- County
- Macomb
- State
- Michigan
- Longitude
- -83.0077
- Latitude
- 42.5583
