7-Eleven NNN
3875 15 Mile Rd, Sterling Heights, MI 48310
For Sale
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The convenience store is leased to 7-Eleven, Inc. through 2040, with five additional renewal options.
Property Size1,728 SF
Lot Size0.42 Acres
Price / SF$1,419
Days on Market27
Property Features for 3875 15 Mile Rd
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Site & Location
Traffic Count
Road Access
Tenancy & Operations
Tenant in Place
In-Place Lease Type
Current Tenants
Real Estate Included
Additional Details
Convenience Store
Building Details
Buildings
Tenancy
Listing Agency:
CBRE - Atlanta
Listed By:
Brian Pfohl · License #GA 349355
(404) 504-7893
Source:
Crexi
Added: Oct 14
Changed: Nov 8
Last Checked: Nov 8 at 5:34PM
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 CBRE - Atlanta
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Investment Insights
Based on property information with market context.
This 1,728-square-foot convenience store occupies a 0.42-acre parcel at 3875 15 Mile Rd in Sterling Heights. 7-Eleven, Inc. is the tenant under a lease running through December 31, 2040, with approximately 14.2 years remaining. The agreement includes annual rent increases of 1.04%, with the next scheduled for January 1, 2028, and five additional five-year renewal options with continued annual increases.
The property fronts 15 Mile Road, where the stated traffic count is 30,719 vehicles per day. Nearby thoroughfares carry 53,592 vehicles per day. The surrounding area has a population of 98,230 within three miles.
The property fronts 15 Mile Road, where the stated traffic count is 30,719 vehicles per day. Nearby thoroughfares carry 53,592 vehicles per day. The surrounding area has a population of 98,230 within three miles.
Key Highlights
- 1,728‑square‑foot convenience store on a 0.42‑acre parcel
- Leased to 7‑Eleven, Inc. through 12/31/2040, with approximately 14.2 years remaining
- Five additional 5‑year renewal options
Property Analytics
Who owns this building?
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Current Use
Lease Details
30,719 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
40k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Dining 40%
Tim Hortons
Dining
16,265 visits/mo
0.1 miles
Speedway
Shops & Services
9,025 visits/mo
0.0 miles
7-Eleven
Shops & Services
8,295 visits/mo
0.2 miles
Halal Desi Gyro Restaurant
Shops & Services
3,435 visits/mo
0.2 miles
BP
Shops & Services
3,148 visits/mo
0.1 miles
Demographics for 48310, MI
43,709
Population
15,399
Households
2.8
Avg Household Size
41
Median Age
28%
College-Educated
83%
High-School Grad
8.8 sq mi
ZIP Area
4,967
Density / Sq Mi
$77,851
Median Household Income
$35,457
Median Earnings
$1,368
Median Rent
$263,100
Median Home Value
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Market
Properties on Market for NNN properties in Macomb County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
NNN property - The convenience store is leased to 7-Eleven, Inc. through 2040, with five additional renewal options.
Where is this nnn property located?
The property is located at 3875 15 Mile Rd Sterling Heights, MI.
What is the asking price?
The asking price for this property is $2,452,732.
What are key features of this property?
This property features: 1,728‑square‑foot convenience store on a 0.42‑acre parcel; Leased to 7‑Eleven, Inc. through 12/31/2040, with approximately 14.2 years remaining; Five additional 5‑year renewal options
