Property profile

13850 Lakeside Cir Sterling Heights, MI 48313

OFF-MARKET
Retail properties & Spaces
17,200 SF 1.6 ac lot Built 2006
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Property summary

AI-generated overview

This exceptional mixed-use building, located at 13850 Lakeside Cir, Sterling Heights, MI 48313, presents a compelling investment opportunity. The 17,200 square foot, Class B property, built in 2006, features a blend of medical office, retail, and office spaces, currently at 50% occupancy. The two-story building sits on a 1.6-acre lot and boasts 110 parking spaces, catering to the needs of tenants and visitors. The property is zoned C-2, allowing for a variety of uses. The building itself comprises 25 units within a single structure. High-end finishes are featured throughout. Financial statements are available upon request. This Net Lease investment opportunity is priced at $2,595,000. The property's prime location in the Lakeside Redevelopment District offers significant growth potential. The APN is 10-10-01-105-014. This is a rare chance to acquire a well-maintained, mixed-use asset in a thriving Michigan community.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2006
Total area 17,200 SF
Lot 1.6 ac (69,696 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

13850 Lakeside Cir Sterling Heights, MI 48313
Sterling Heights metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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