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Neighborhood Shopping Center
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43632-43738 Schoenherr Rd, Sterling Heights, MI 48313

Multi-suite retail center with on-site parking and frontage along Schoenherr Road and Canal Road.

Space Size3,500 SF - 4,900 SF
Property Size30,526 SF
Days on Market17

Property Features for 43632-43738 Schoenherr Rd

General Information

Standard status Active
Size 3,500 SF - 4,900 SF
Net Rentable 3,500 SF
Total Parking Spaces 240
Property subtype Retail

Space & Availability

Available Space 3,500-4,900 SF
Contiguous Space 4,900 SF

Building Details

Building Size 30,526 SF
Tenancy Multiple

Spaces For Lease

at 43632-43738 Schoenherr Rd Contact us

Suite 1

Size
3,500 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 2

Size
3,500 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 3

Size
4,900 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Landmark Commercial Real Estate Services
Listed By: Louis J. Ciotti · License #MI 6501335264
Source: Crexi
Added: Aug 18 Changed: Sep 3 Last Checked: Sep 3 at 2:22AM

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

Investment Insights

Based on property information with market context.

Lakeview Square is a neighborhood shopping center offering multiple retail spaces within a 30,526-square-foot property. Available suites include 3,500 square feet, 3,500 square feet, and 4,900 square feet, providing several size options for incoming occupants. The center includes 240 on-site parking spaces and retail frontage along Schoenherr Road and Canal Road.

The property is located in Sterling Heights, Michigan, south of Hall Road (M-59) and next to the Lakeside redevelopment district. Its position along Schoenherr Road and Canal Road places the center within an established retail corridor with reported traffic counts on both roads.

Key Highlights

  • 30,526‑square‑foot neighborhood shopping center
  • Available suites of 3,500 SF, 3,500 SF, and 4,900 SF
  • 240 on‑site parking spaces

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Restaurant

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

967
Businesses Nearby
206k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Apparel 34% Groceries 27% Shops & Services 19% Dining 19%
Kohl's Apparel
70,156 visits/mo 0.2 miles
Kroger Groceries
56,305 visits/mo 0.2 miles
McDonald's Dining
20,197 visits/mo 0.2 miles
Kroger Fuel Center Shops & Services
18,805 visits/mo 0.0 miles
7-Eleven Shops & Services
11,823 visits/mo 0.4 miles

Demographics for 48313, MI

34,169
Population
14,288
Households
2.4
Avg Household Size
43
Median Age
32%
College-Educated
92%
High-School Grad
8.7 sq mi
ZIP Area
3,927
Density / Sq Mi
$87,292
Median Household Income
$47,668
Median Earnings
$1,152
Median Rent
$248,800
Median Home Value

Market

Lease Benchmarks for Sterling Heights, MI

$14.5 /SF/Yr
Avg Asking Price
$10–$20 /SF/Yr
Price Range
55,216 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-suite retail center with on-site parking and frontage along Schoenherr Road and Canal Road.
Where is this shopping center located?
The property is located at 43632-43738 Schoenherr Rd Sterling Heights, MI.
What are key features of this property?
This property features: 30,526‑square‑foot neighborhood shopping center; Available suites of 3,500 SF, 3,500 SF, and 4,900 SF; 240 on‑site parking spaces
(313) 570-2026 Call to check price and availability
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