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Mixed-Use Retail and Office Building
For Lease
$35 SF/Yr

38400 Van Dyke Ave, Sterling Heights, MI 48312

Two-story mixed-use building with retail on the first floor and offices above, including drive-through north end-cap.

Space SizeContact for details
Days on Market192

Property Features for 38400 Van Dyke Ave

General Information

Standard status Active
Property subtype Retail
Zoning C-3

Additional Details

Road Access Yes

Amenities

balcony
patio
drive-thru

Building Details

Stories 2
Listing Agency: Landmark Commercial Real Estate Services
Listed By: Louis Ciotti · License #6501335264
Source: Cpix.resimplifi
Added: Apr 15 Changed: Oct 3 Last Checked: Oct 23 at 3:33AM

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 Landmark Commercial Real Estate Services

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Investment Insights

Based on property information with market context.

This brand new two-story mixed-use development features retail space on the first floor and office space on the second floor. The building includes floor-to-ceiling windows and an upstairs balcony. A drive-through is available on the north end-cap, providing a built-in option for tenant operations that benefit from vehicle access.

The site fronts Van Dyke Avenue and sits adjacent to Penna’s Banquet Hall, supporting day-to-day visibility from the street and convenient proximity to an established event venue.

End-cap opportunities include a potential restaurant space on the south end-cap with an associated patio. The upstairs balcony space is also available for events, offering an additional usable amenity within the building’s second-floor footprint.

Key Highlights

  • Two‑story mixed‑use development fronting Van Dyke Avenue with retail on the first floor and offices on the second floor
  • Drive‑through available on the north end‑cap
  • Retail end‑cap on the north side includes a drive‑through feature

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Hair Salon Daycare Center HVAC Service Parking Lot & Garage Spa & Massage Center

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

432
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story mixed-use building with retail on the first floor and offices above, including drive-through north end-cap.
Where is this mixed-use property located?
The property is located at 38400 Van Dyke Ave Sterling Heights, MI.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Two‑story mixed‑use development fronting Van Dyke Avenue with retail on the first floor and offices on the second floor; Drive‑through available on the north end‑cap; Retail end‑cap on the north side includes a drive‑through feature
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