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    OFF-MARKET
    Neighborhood centers

    14420 15 Mile Rd, Sterling Heights, MI 48312

    8,000 SF 0.98 ac lot Built 1991
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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