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    43761 Schoenherr Rd Sterling Heights, MI 48313

    Sponsored
    For Lease
    $32 SF/Yr ($17,000 /Mo)

    Prime Retail/Restaurant Space Available in Kroger Center

    Lot size:
    6,375 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail or restaurant opportunity is located at 43761 Schoenherr Road in Sterling Heights, Michigan, within a thriving Kroger-anchored shopping center. The property offers a total of 6,375 square feet of space, currently entirely vacant and available for lease. Two spaces are available, each ranging from 3,125 to 3,250 contiguous square feet, providing flexibility for various business needs. The maximum contiguous space available is 3,250 square feet. The property is ideally situated in a high-traffic area surrounded by established national retailers and restaurants, ensuring excellent visibility and customer access. Ample parking is provided with 21 spaces available for patrons and employees. The property's location in Macomb County, Michigan, zip code 48313, offers easy access to major roadways and a dense residential population. This is a rare opportunity to establish a business in a prime retail location with a drive-thru option, perfect for restaurants or businesses requiring convenient customer access. The property is part of a two-tenant retail strip, offering a strong co-tenancy advantage. Interested parties should inquire for lease terms and conditions. The property is classified as commercial and restaurant space, suitable for multiple tenants.

    Property Features for 43761 Schoenherr Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,375 SF
    Total Rate
    17000

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,125 SF
    Rate per SF
    $32
    Space
    Available space 1
    Size
    3,250 SF
    Rate per SF
    $32

    HighLights

    • 3,125‑6,375 square feet of commercial space available for lease.
    • 6,375‑square‑foot building available.
    • Features two drive‑thrus.
    • Property includes 21 shared parking spaces.
    • Lease rate: $32.00 per square foot, NNN.
    • Strong tenant mix including Kroger, CVS, and Subway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sterling Heights
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9933706
    Latitude
    42.6167031

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail/Restaurant Space Available in Kroger Center
    Where is this restaurant located?
    The property is located at 43761 Schoenherr Rd Sterling Heights, MI.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: 3,125-6,375 square feet of commercial space available for lease.; 6,375-square-foot building available.; Features two drive-thrus.
    Request Owner's contact information
    43761 Schoenherr Rd Sterling Heights, MI 48313
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    43761 Schoenherr Rd Sterling Heights, MI 48313
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