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    13500 19 Mile Rd Sterling Heights, MI 48313

    For Lease
    Contact for pricing

    High-traffic retail space available.

    Lot size:
    10,686 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 10,686 square foot former Rite Aid building, situated on a 1.56-acre lot in Macomb County, Michigan, presents a unique opportunity for retail businesses. The property boasts ample parking, easily accommodating the high volume of traffic at the intersection of 19 Mile and Schoenherr Roads, which sees over 55,000 vehicles daily. The building is currently entirely vacant, offering a blank canvas for a new tenant. Its convenient location, just 1.6 miles west of the 361-bed Henry Ford Macomb Hospital and south of Hall Road's vibrant shopping and entertainment district, ensures high visibility and accessibility. Nearby national retailers include Kroger, Kohl's, Hobby Lobby, Total Wine & More, Target, Shake Shack, and Portillo's, creating a strong retail environment. The property features a drive-thru, adding further convenience and appeal. The traffic-controlled intersection provides easy ingress and egress to both 19 Mile and Schoenherr Roads. This prime retail location offers significant potential for a variety of businesses seeking high visibility and a strong customer base. The entire 10,686 square feet is available for lease.

    Property Features for 13500 19 Mile Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,686 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    10,686 SF

    HighLights

    • 10,686 SF retail building available for lease.
    • 1.56‑acre lot in Macomb County.
    • Fully vacant, offering one large space.
    • Ample parking.
    • High‑traffic location at a signalized intersection with over 55,000 vehicles per day.
    • Former Rite Aid with drive‑thru.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Sterling Heights
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9929122
    Latitude
    42.6097787

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space available.
    Where is this retail property located?
    The property is located at 13500 19 Mile Rd Sterling Heights, MI.
    What are key features of this property?
    This property features: 10,686 SF retail building available for lease.; 1.56-acre lot in Macomb County.; Fully vacant, offering one large space.
    Request Owner's contact information
    13500 19 Mile Rd Sterling Heights, MI 48313
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    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
    13500 19 Mile Rd Sterling Heights, MI 48313
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