What is the asking price for Multi Tenant Retail Center?

The lease rate for space here is Contact for pricing.

What type of property tenancy can you find at Multi Tenant Retail Center?

This property is listed as Multi-Tenant.

What is the total size of Multi Tenant Retail Center?

The property has a total square footage of 5,548 SF.

When was this property built?

Multi Tenant Retail Center was built in 2020.

How many parking spaces are available at Multi Tenant Retail Center?

Parking information for the property isn't currently listed. However, other nearby parking options include Parking Garage, located 2.18 miles away , and Cole North Parking Deck, which is 2.63 miles away.

35372 Van Dyke Ave, Sterling Heights, MI 48312

For Sale $3,482,496
Property Type Retail - Street Retail
Property Size 5,548 SF
Units 2
Lot Size 1.31 Acre
Property Tenancy Multi-Tenant
Year Built 2020
Date Updated Jul 27, 2026

Description

Discover the bustling retail landscape of Sterling Heights, MI, a prime location for thriving businesses. With its proximity to major thoroughfares and bustling shopping centers, the area offers a dynamic environment for retail and street retail investors. Nearby, you'll find the popular Lakeside Mall, a hub of retail activity with a diverse mix of shops and dining options, as well as the Sterling Ponds Shopping Center and Lakeside Plaza, providing ample opportunities for retail success. The area's strong demographics and steady flow of foot traffic make it an ideal destination for businesses looking to establish a prominent presence in this vibrant community.Discover a prime retail opportunity at this impeccable 5,548 SF property in Sterling Heights, MI. Built in 2020, this modern building features 2 units, offering versatility for retail or street retail investments. With a desirable C-3 zoning, this property presents endless possibilities for businesses seeking a prominent location in a thriving commercial district. Located in the heart of Sterling Heights, this property boasts excellent visibility and accessibility, ensuring maximum exposure for retailers. Don't miss the chance to secure a foothold in this dynamic retail market with this exceptional property.

Highlights

Anchored by Aspen Dental, a nationally recognized healthcare provider with over 1,000 locations nationwide, alongside Charleys Cheesesteaks & Wings, a rapidly growing restaurant brand with more than 850 locations globally.
Built in 2020, this 5,548 SF multi-tenant retail center offers investors a modern, low-maintenance asset with strong curb appeal and minimal near-term capital expenditure requirements.
Charleys Cheesesteaks & Wings features a contractual 10% rental increase during the primary lease term, providing future NOI growth and inflation protection.
Located within a dominant retail trade area featuring major national retailers including Walmart, Meijer, Home Depot, Dollar General, Taco Bell, Panda Express, Mobil, Huntington Bank, and many others that drive consistent consumer traffic.
Positioned within one of Metro Detroit's strongest retail markets, benefiting from continued residential growth, established neighborhoods, and sustained consumer demand.
Situated along Van Dyke Avenue (M-53), one of Macomb County's busiest commercial corridors, the property benefits from exceptional visibility, strong traffic counts, and direct access to major regional thoroughfares.
Tenants are responsible for taxes, insurance, CAM, HVAC, and parking lot maintenance, significantly reducing landlord responsibilities and operating expense exposure.
The combination of healthcare and quick-service restaurant tenancy provides recession-resistant income streams and reduces reliance on a single retail sector.
The property is fully leased to two established tenants with more than 5 years of remaining lease term, providing dependable cash flow and long-term income security.
The property serves a dense and affluent trade area with more than 8,650 residents and average household incomes exceeding $82,000 within a one-mile radius.