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    OFF-MARKET
    Retail properties & Spaces

    44575-44833 Mound Rd, Sterling Heights, MI 48314

    1,196 SF
    Property ID
    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
    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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