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Sterling Heights Shopping Center Space
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33740-33804 Schoenherr Rd, Sterling Heights, MI 48312

Well-maintained Sterling Heights shopping center unit for rent.

Space Size1,400 SF
Property Size7,000 SF
Days on Market991

Property Features for 33740-33804 Schoenherr Rd

General Information

Standard status Active
Size 1,400 SF
Class B
Property subtype Retail, Office
Lease Type Modified Gross

Building Details

Building Size 7,000 SF
Year Built 2004
Tenancy Multiple

Spaces For Lease

at 33740-33804 Schoenherr Rd Contact us

33788

Size
1,400 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Pilot Property Group
Listed By: James Diehl · License #MI 6501368863
Source: Crexi
Added: Dec 19, 2023 Changed: Sep 4 Last Checked: Sep 2 at 4:27AM

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 Pilot Property Group

Investment Insights

Based on property information with market context.

Located in Sterling Heights, Michigan, this property is a unit within a well-maintained shopping center. The unit is currently built out for office use. Signage with high visibility is available on Schoenherr Road. The property is professionally managed.

Key Highlights

  • Beautifully maintained shopping center.
  • Highly visible signage on Schoenherr.**
  • Unit is currently built out for an office user.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Building Supply HVAC Service Kitchen & Bath Showroom

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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

293
Businesses Nearby
93k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 46% Dining 31% Superstores 19% Electronics 2%
Speedway Shops & Services
18,410 visits/mo 0.4 miles
Big Lots Superstores
17,686 visits/mo 0.4 miles
Dunkin' Donuts Dining
9,362 visits/mo 0.4 miles
BIGGBY COFFEE Dining
8,053 visits/mo 0.2 miles
Chase Bank Shops & Services
6,761 visits/mo 0.4 miles

Demographics for 48312, MI

34,854
Population
14,282
Households
2.4
Avg Household Size
42
Median Age
31%
College-Educated
87%
High-School Grad
11.1 sq mi
ZIP Area
3,140
Density / Sq Mi
$71,266
Median Household Income
$40,488
Median Earnings
$1,176
Median Rent
$253,700
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

This space is priced 3% below the average of $14.5 /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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • HARVARD CORNERS E 14 Mile Rd, Warren, MI 48088

Frequently Asked Questions

What type of property is this?
Shopping center - Well-maintained Sterling Heights shopping center unit for rent.
Where is this shopping center located?
The property is located at 33740-33804 Schoenherr Rd Sterling Heights, MI.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Beautifully maintained shopping center.; Highly visible signage on Schoenherr.**; Unit is currently built out for an office user.
(586) 254-0900 Call to check price and availability
More about this property
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