3605 15th Mile Rd, Sterling Heights, MI 48310-5356
This exceptional retail opportunity presents two available spaces within a thriving Sterling Heights shopping center, strategically located at the intersection of 15 Mile and Ryan Road, in the Sterling Heights submarket. The property, known as Dream Market Anchored Center, boasts a total of 6,530 square feet of vacant space, ideally suited for multiple tenants. One space offers 1,430 square feet, while the second provides a more substantial 5,100 square feet. The building is a single structure, perfectly positioned to capitalize on the high foot traffic generated by the center's established businesses. This bustling neighborhood shopping center attracts a significant daily shopper volume, ensuring exceptional visibility and a prime location for any business seeking to establish or expand its presence. The property's location within the heart of the community guarantees access to a large and loyal customer base. This is a rare chance to secure a highly desirable retail space in one of Sterling Heights' most sought-after commercial locations, offering unparalleled potential for growth and success. The property type is classified as Retail, Office, and Restaurant, making it versatile and adaptable to a range of business needs. The tenancy is multiple, allowing for a diverse mix of businesses to thrive within the center. Don't miss this opportunity to become part of a vibrant and successful commercial hub.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Sterling Heights, MISterling Heights. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.