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Retail Space in Shopping Center
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43650 Schoenherr Rd, Sterling Heights, MI 48313

The center serves retail, service, restaurant, medical, and personal care businesses.

Space Size3,500 SF
Days on Market10

Property Features for 43650 Schoenherr Rd

General Information

Standard status Active
Size 3,500 SF
Total Parking Spaces 240
Property subtype RETAIL
Lease Type NNN

Site & Location

Highway Access Yes
Road Access Yes

Amenities

monument/pylon signage opportunities

Spaces For Lease

at 43650 Schoenherr Rd
43632-43738 Schoenherr Rd $16 – $20/SF/Yr
Floor 1
Size 3,500 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Strategically located on Schoenherr Road, just south of Hall Road (M-59) and immediately adjacent to the Lakeside redevelopment district. - Well-maintained neighborhood shopping center with a strong mix of retail, service, restaurant, medical, and personal care tenants. - Excellent visibility with frontage along Schoenherr Road and prominent monument/pylon signage opportunities. - Signalized access at Schoenherr Road and Canal Road provides convenient ingress and egress. - Benefits from traffic generated by the adjacent Kroger Fuel Center outparcel and surrounding national retailers. - Ample on-site parking- 240 parking spaces.
Contact us
Listing Agency: Landmark Commercial Real Estate Services
Listed By: Louis Ciotti · License #MI 6501335264
Source: Moodyscre
Added: Oct 23 Changed: Oct 26 Last Checked: Oct 30 at 5:57PM

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

Rey
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Investment Insights

Based on property information with market context.

This 3,500-square-foot retail space is part of a maintained neighborhood shopping center with retail, service, restaurant, medical, and personal care tenants. The center offers monument and pylon sign opportunities, plus 240 on-site parking spaces.

Situated on Schoenherr Road south of Hall Road (M-59), the property is next to the Lakeside redevelopment district. A signal at Schoenherr Road and Canal Road provides access. Nearby retail activity includes the Kroger Fuel Center outparcel and national retailers.

Key Highlights

  • 3,500‑square‑foot retail space in a neighborhood shopping center
  • 240 on‑site parking spaces
  • Frontage on Schoenherr Road with monument and pylon sign opportunities

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

967
Businesses Nearby
206k
Monthly Visits Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Sterling Heights, MI

$24.21 /SF/Yr
Avg Asking Price
$4.53–$100 /SF/Yr
Price Range
27,935 SF
Avg Space Size

This space is priced 34% below the average of $24.21 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The center serves retail, service, restaurant, medical, and personal care businesses.
Where is this retail space located?
The property is located at 43650 Schoenherr Rd Sterling Heights, MI.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 3,500‑square‑foot retail space in a neighborhood shopping center; 240 on‑site parking spaces; Frontage on Schoenherr Road with monument and pylon sign opportunities
(248) 488-2620 · Office Call to check price and availability
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