Property profile

39036 Dequindre Rd Sterling Heights, MI 48310

FOR LEASE
Retail space
Property ID
US43-1191721
5,122 SF 0.89 ac lot Built 1995
Individually Owned 21-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 5,122 square foot retail shopping center, located at 39036 Dequindre Road in Sterling Heights, Michigan, presents a prime leasing opportunity. Situated on a 0.89-acre lot, this multi-tenant property is zoned C-1, offering significant flexibility for a variety of retail uses. Currently, there is 3,000 square feet of readily available space, perfect for an expanding business or a new venture seeking high visibility. The property's strategic location in the thriving Sterling Heights market ensures excellent exposure to a large customer base. The existing building provides a solid foundation for immediate occupancy, minimizing upfront investment and allowing for a quick start to operations. This is an ideal opportunity for businesses seeking a well-located, established retail space in a high-demand area. The property's convenient access and ample parking further enhance its appeal to both businesses and customers. With its prime location in Macomb County and a readily available space, this property offers a unique chance to establish or expand a successful retail operation. The 0.89-acre lot provides ample space for potential future expansion or outdoor amenities. This is a rare opportunity to secure a well-positioned retail space in a dynamic and growing market. Contact us today to learn more about this exceptional property and schedule a viewing.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1995
Total area 5,122 SF
Lot 0.89 ac (38,551 SF)
Zoning code C-1
APN 10-10-18-351-015
UPID US43-1191721

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Loan Service Bank

Location

39036 Dequindre Rd Sterling Heights, MI 48310
Sterling Heights metro Census 230700 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$858k
Blend (final) Blend
$270k

Owner & transaction history

since 2005
1 recorded transaction
2005
Price N/A

Zoning & alternative use

C-1 · Sterling Heights, MI
Zoning description

The C-1 Local Convenience Business District is designated to meet the day-to-day convenience shopping and service needs of persons residing in adjacent residential areas

General category COMMERCIAL
Top alternative use upside
Commercial (general) $965,000 +80.5%
Restaurant $725,000 +35.9%
Medical building $630,000 +17.7%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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