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    OFF-MARKET
    Lifestyle centers

    1036-5300 Sternberg Rd, Norton Shores, MI 49444

    56,587 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 56,587 square foot community retail center, situated on nearly 14 acres in Norton Shores, MI, presents a prime leasing opportunity. Located at the northeast corner of Grand Haven Road and Sternberg Road, this high-visibility location benefits from a major US-31 off-ramp and boasts an impressive average daily traffic count exceeding 25,187 vehicles (2022). A 2,062 square foot suite is immediately available, with additional spaces ranging from 1,200 to 4,756 square feet, including a ready-to-occupy 2,400 square foot restaurant space. The center enjoys a strong tenant mix, including AOH Appliance Outlet, Rec-Room, Egg Roll House, and many others, creating significant foot traffic. The surrounding area features a robust daytime workforce exceeding 17,013, with projected positive growth across all sectors. This thriving location is surrounded by residential areas, numerous national and regional retailers, medical offices, and the Muskegon County Airport and Business Park, ensuring a consistent flow of customers. The property's strategic location and established tenant base make it an ideal investment for businesses seeking high visibility and strong potential for success.

    Property profile
    Verified
    Property type Lifestyle centers
    Total area 56,587 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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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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