13883 Lakeside Cir Sterling Heights, MI 48313-1317

Property Details for 13883 Lakeside Cir

Year built

2022

Lot size

1.00 lot acres

Zone code

C-2

Property type

Commercial real estate

APN

10-10-01-102-010

APU

101001102010

Description

This exceptional 1-acre commercial property in Sterling Heights, MI (48313), presents a rare redevelopment opportunity. Located in Macomb County's "Golden Corridor," this site boasts unparalleled visibility and access from Hall Road, experiencing nearly 110,000 vehicles per day. The property is an outparcel to Lakeside Mall, a 119-acre retail center with over 1.5 million square feet of retail space and 110+ stores. Its prime location offers proximity (less than 1 mile) to numerous major national tenants including Target, Costco, Home Depot, Lowe's, and many others. The site features signage on Hall Road and is directly behind a newly developed Shake Shack. The property is vacant and offers flexible square footage options ranging from 450 to 8,000 square feet, suitable for various retail, hospitality, or mixed-use developments. The asking price is $950,000. The property is zoned for commercial use and includes 50 parking spaces. This is a Class A property with a NNN lease type and corporate guarantee tenant credit. The permitted zoning is commercial. The property is for sale by owner. This presents a unique chance to capitalize on the high consumer spending and strong employment base in the area, with major employers like General Motors, Chrysler, and Ford within a 5-mile radius. The area's commercial assets exceed $1 billion, with annual consumer spending exceeding $2.6 billion.