Property profile

14420 15 Mile Rd Sterling Heights, MI 48312

OFF-MARKET
Neighborhood centers
8,000 SF 0.98 ac lot Built 1991
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Property summary

AI-generated overview

Moravian Plaza, a well-maintained Class B shopping center in Macomb County, offers a prime 960 square foot executive office suite for lease. Located at the intersection of 15 Mile Road and Moravian, this single-story building boasts excellent visibility and accessibility. The property, encompassing 0.987 acres, features a total of 8,000 square feet of retail and office space, currently configured as multiple tenancies. This particular suite is immediately available and benefits from high-end finishes, a legacy of its previous use as a body spa. The building includes 55 parking spaces for ample tenant and customer convenience. Built in 1991, the property is zoned C-1, allowing for a variety of commercial uses. The suite's minimum divisible space is 960 square feet, making it ideal for a small business or professional office. The property's location and features make it an excellent opportunity for businesses seeking a well-maintained and visible space in a thriving commercial area. The parcel number is 10-10-36-202-025. No elevators are present in this single-story building.

Property profile

Verified
Property type Neighborhood centers
Year built 1991
Total area 8,000 SF
Lot 0.98 ac (42,689 SF)

Cap rate & NOI

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

Location

14420 15 Mile Rd Sterling Heights, MI 48312
Sterling Heights metro
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Value estimations

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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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