43761 Schoenherr Rd Sterling Heights, MI 48313
For Lease
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This exceptional retail or restaurant opportunity is located at 43761 Schoenherr Road in Sterling Heights, Michigan, within a thriving Kroger-anchored shopping center. The property offers a total of 6,375 square feet of space, currently entirely vacant and available for lease. Two spaces are available, each ranging from 3,125 to 3,250 contiguous square feet, providing flexibility for various business needs. The maximum contiguous space available is 3,250 square feet. The property is ideally situated in a high-traffic area surrounded by established national retailers and restaurants, ensuring excellent visibility and customer access. Ample parking is provided with 21 spaces available for patrons and employees. The property's location in Macomb County, Michigan, zip code 48313, offers easy access to major roadways and a dense residential population. This is a rare opportunity to establish a business in a prime retail location with a drive-thru option, perfect for restaurants or businesses requiring convenient customer access. The property is part of a two-tenant retail strip, offering a strong co-tenancy advantage. Interested parties should inquire for lease terms and conditions. The property is classified as commercial and restaurant space, suitable for multiple tenants.
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.