Multi-Tenant Retail
New
For Sale
$3,482,496
35372 Van Dyke Ave, Sterling Heights, MI 48312
Fully leased multi-tenant retail center anchored by Aspen Dental and Charley's Cheesesteaks & Wings.
Property Size5,548 SF
Price / SF$627.70
Days on Market4
Property Features for 35372 Van Dyke Ave
General Information
Standard status
Active
Size
5,548 SF
Property subtype
Retail, Office
Occupancy
100%
Site & Location
Anchor Co-Tenants
Aspen Dental, Charley's Cheesesteaks & Wings
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
5,548 SF
Year Built
2020
Tenancy
Multi
Listing Agency:
APEX Commercial Real Estate Advisors
(248) 579-5042
Listed By:
Ayson Shammami · License #6501443637
(248) 579-5042
Source:
Cpix.resimplifi
Added: Jul 28
Changed: Jul 31
Last Checked: Jul 31 at 7:18AM
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 APEX Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
Built in 2020, this 5,548 SF multi-tenant retail center is fully leased to two established tenants with more than 5 years of remaining lease term. The tenant mix includes Aspen Dental, a nationally recognized healthcare provider with over 1,000 locations nationwide, alongside Charley's Cheesesteaks & Wings, a quick-service restaurant brand with more than 850 locations globally.
The property is situated along Van Dyke Avenue (M-53), one of Macomb County’s busiest commercial corridors, offering direct access to major regional thoroughfares and strong visibility. The surrounding retail trade area includes major national retailers such as Walmart, Meijer, Home Depot, Dollar General, Taco Bell, Panda Express, Mobil, and Huntington Bank.
Under the lease structure, tenants are responsible for taxes, insurance, CAM, HVAC, and parking lot maintenance. Charley's Cheesesteaks & Wings includes a contractual 10% rental increase during the primary lease term. The property serves a dense trade area with more than 8,650 residents and average household incomes exceeding $82,000 within a one-mile radius.
The property is situated along Van Dyke Avenue (M-53), one of Macomb County’s busiest commercial corridors, offering direct access to major regional thoroughfares and strong visibility. The surrounding retail trade area includes major national retailers such as Walmart, Meijer, Home Depot, Dollar General, Taco Bell, Panda Express, Mobil, and Huntington Bank.
Under the lease structure, tenants are responsible for taxes, insurance, CAM, HVAC, and parking lot maintenance. Charley's Cheesesteaks & Wings includes a contractual 10% rental increase during the primary lease term. The property serves a dense trade area with more than 8,650 residents and average household incomes exceeding $82,000 within a one-mile radius.
Key Highlights
- 5,548 SF multi‑tenant retail center built in 2020
- Fully leased to two tenants with more than 5 years of remaining lease term
- Anchored by Aspen Dental (over 1,000 locations) and Charley's Cheesesteaks & Wings (over 850 locations)
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
431
Businesses Nearby
Explore this area
Business Placement
Demographics for 48312, MI
34,854
Population
14,282
Households
2.4
Avg Household Size
42
Median Age
31%
College-Educated
87%
High-School Grad
11.1 sq mi
ZIP Area
3,140
Density / Sq Mi
$71,266
Median Household Income
$40,488
Median Earnings
$1,176
Median Rent
$253,700
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Fully leased multi-tenant retail center anchored by Aspen Dental and Charley's Cheesesteaks & Wings.
Where is this retail space located?
The property is located at 35372 Van Dyke Ave Sterling Heights, MI.
What is the asking price?
The asking price for this property is $3,482,496.
What are key features of this property?
This property features: 5,548 SF multi‑tenant retail center built in 2020; Fully leased to two tenants with more than 5 years of remaining lease term; Anchored by Aspen Dental (over 1,000 locations) and Charley's Cheesesteaks & Wings (over 850 locations)
