43205 Schoenherr Rd, Sterling Heights, MI 48313
2,500 SF medical office with national tenant for sale.
- Added:
- Oct 7, 2025
- Days on Market:
- 265
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 43205 Schoenherr Rd
General Information
- Standard status
- Active
- Size
- 2,694 SF
- Property subtype
- Office
Building Details
- Year Built
- 2006
Listing office Total Transitions
Listing date Oct 7, 2025
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 Total Transitions
HighLights
- Strong national tenant provides stable cash flow under a net lease.
- Current rent over $52,000 per year with 2% annual increases.
- Lease term in place through May 2028.
- Highly visible location along Schoenherr Road corridor.
- Quick access to Hall Road M‑59 and the city’s Golden Corridor retail and medical hub.
- Clean, professional build‑out with on‑site surface parking.
Overview
Local Financial Insights For Healthcare Medical
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 | $61.4k | $22.80 |
| − Vacancy | −$4.9k | −$1.82 |
| EGI | $56.5k | $20.98 |
| − OpEx | −$22.6k | −$8.39 |
| NOI | $33.9k | $12.59 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sterling Heights
- County
- Macomb
- State
- Michigan
- Longitude
- -82.993373
- Latitude
- 42.612125
