Property profile

44575-44833 Mound Rd Sterling Heights, MI 48314

OFF-MARKET
Retail properties & Spaces
1,196 SF
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 44575-44833 Mound Rd, Sterling Heights, MI 48314, a high-traffic area in Macomb County. The property, known as The Forum at Gateways, offers spaces ranging from 1,196 to 2,420 square feet, ideal for a variety of retail uses. Benefit from the strong co-tenancy of established businesses including Walmart, LA Fitness, and Dollar Tree, all situated at the southwest corner of Hall Road (M-59) and Mound Road. The center is also shadow anchored by a 30-screen AMC Movie Theater and features several national restaurants and banks. This location boasts tremendous traffic counts and a dense population with diverse income levels, ensuring a robust customer base. The property provides excellent visibility and accessibility, with monument signage visible from both major roads at the intersection. Three new outlots are proposed, offering ground lease and build-to-suit options. The corner outlot is available for sale or lease. In addition to its convenient location directly off the M-59 highway ramp, it's also in close proximity to M-53, providing easy access for customers and employees. This is a prime opportunity for restaurants, neighborhood service retailers, or medical offices seeking a high-visibility location with strong demographics and convenient access. The property includes 64 parking spaces for customer convenience.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,196 SF

Cap rate & NOI

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

Location

44575-44833 Mound Rd Sterling Heights, MI 48314
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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