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Retail Space with Drive-Thru
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43761 Schoenherr Rd, Sterling Heights, MI 48313

Retail spaces with drive-thru located on Kroger shopping center pad.

Space Size3,250 SF
Property Size6,375 SF
Days on Market1509

Property Features for 43761 Schoenherr Rd

General Information

Standard status Active
Size 3,250 SF
Total Parking Spaces 21
Property subtype Retail, Restaurant
Lease Type NNN

Building Details

Building Size 6,375 SF
Tenancy Multiple

Spaces For Lease

at 43761 Schoenherr Rd Contact us

Available space 1

Size
3,250 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Signature Associates
Listed By: Marvin Petrous · License #6501386692
Source: Crexi
Added: Jul 15, 2022 Changed: Aug 13 Last Checked: Aug 29 at 9:27PM

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 Signature Associates

Investment Insights

Based on property information with market context.

This property offers two retail opportunities, both featuring drive-thru access. The location is on the pad of a Kroger shopping center, integrated with a two-tenant retail strip. The surrounding area includes a mix of national retailers and restaurants, contributing to a high-traffic commercial environment. The property is located on Schoenherr Rd in Sterling Heights, MI.

Key Highlights

  • Drivethru Access
  • Located on Pad of Kroger Shopping Center
  • Two‑tenant Retail Strip

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Electrical Service Kitchen & Bath Showroom Building Supply Auto Parts Store Auto Repair Shop

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
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

924
Businesses Nearby
200k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 35% Groceries 28% Shops & Services 19% Dining 16%
Kohl's Apparel
70,156 visits/mo 0.3 miles
Kroger Groceries
56,305 visits/mo 0.1 miles
McDonald's Dining
20,197 visits/mo 0.3 miles
Kroger Fuel Center Shops & Services
18,805 visits/mo 0.2 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

$25.1 /SF/Yr
Avg Asking Price
$9.47–$100 /SF/Yr
Price Range
36,625 SF
Avg Space Size

This space is priced 39% above the average of $25.1 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail spaces with drive-thru located on Kroger shopping center pad.
Where is this retail space located?
The property is located at 43761 Schoenherr Rd Sterling Heights, MI.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Drivethru Access; Located on Pad of Kroger Shopping Center; Two‑tenant Retail Strip
(248) 359-0647 Call to check price and availability
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