Property profile

43683-43893 Schoenherr Rd Sterling Heights, MI 48313

OFF-MARKET
Retail properties & Spaces
102,000 SF
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Property summary

AI-generated overview

Nottingham Square, located at 43683-43893 Schoenherr Rd in Sterling Heights, Michigan, presents a prime retail opportunity. This well-maintained, 102,000 square foot shopping center boasts a strong mix of local and national tenants, including a Kroger anchor store. Currently, 10,880 square feet of retail space is available, ideal for a variety of uses, including retail or medical. The center enjoys a highly visible location at the northwest corner of Schoenherr and Canal Roads, benefiting from high traffic counts and prominent monument signage. Situated just one mile south of the major Hall Road retail corridor, Nottingham Square is surrounded by a dense residential population exceeding 100,000 within a three-mile radius, with an average household income of $94,546. This combination of high visibility, strong demographics, and a successful tenant mix makes Nottingham Square an exceptional investment opportunity in Macomb County. The property's location in Sterling Heights, MI, zip code 48313, offers easy access to major roadways and a thriving community. This is a rare chance to secure space in a well-established, high-performing retail center.

Property profile

Verified
Property type Retail properties & Spaces
Total area 102,000 SF

Cap rate & NOI

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

Location

43683-43893 Schoenherr Rd Sterling Heights, MI 48313
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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