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122 Commercial Real Estate Listings in Sterling Heights, MI

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Sterling Heights, MI Commercial Real Estate

There are currently 123 commercial listings available in Sterling Heights, MI. These listings include 96 commercial spaces that encompass a total of 1,159,749 square feet. Available commercial spaces in Sterling Heights, MI range in size from 1 square feet to 250,000 square feet. A total of 50 off-market commercial properties located in Sterling Heights, MI are also available for research.

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Sterling Heights, MI Commercial Inventory Breakdown

In 2022 the Sterling Heights, MI commercial real estate market totaled 1,752,705 square feet of office spaces, 1,590,185 square feet of office spaces with retail, and 18,775,674 square feet of industrial space.

Office Spaces

Total: 1,752,705 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 524,113 SqFt 29.9% of total office
100k to 500k SqFt 596,864 SqFt 34.05% of total office
500k to 1M SqFt 631,728 SqFt 36.04% of total office
By class:
Class A 324,130 SqFt 18.49% of total office
Class B 1,272,091 SqFt 72.58% of total office
Class C 156,484 SqFt 8.93% of total office
Roughly 36.04% of the total office space in Sterling Heights, MI is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 29.9% of the office inventory.

Class A office space holds a 18.49% share of the overall Sterling Heights, MI office market, while Class B office assets make up approximately 72.58%.

Industrial

Total: 18,775,674 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 496,023 SqFt 2.64% of total industrial
100k to 500k SqFt 3,345,995 SqFt 17.82% of total industrial
500k to 1M SqFt 2,213,183 SqFt 11.79% of total industrial
> 1M SqFt 12,720,473 SqFt 67.75% of total industrial
By class:
Class A 2,383,394 SqFt 12.69% of total industrial
Class B 16,392,280 SqFt 87.31% of total industrial
There are 3,345,995 square feet of commercial real estate properties between 100k to 500k square feet, representing 17.82% of the Sterling Heights, MI industrial inventory.

Office Spaces with Retail

Total: 1,590,185 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
100k to 500k SqFt 981,553 SqFt 61.73% of total office with retail
500k to 1M SqFt 608,632 SqFt 38.27% of total office with retail

Sterling Heights, MI Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Sterling Heights, MI Office 23 191,757
Sterling Heights, MI Retail 20 101,446
Sterling Heights, MI Industrial 22 871,531
Sterling Heights, MI Other 73 1,164,738
Ofice Icon

23

Office

Industrial Icon

22

Industrial

Retail Icon

20

Retail

Current local active listing encompass 2,329,472 square feet of commercial space for lease in Sterling Heights. There are 23 active office listings, which amount to 191,757 square feet and account for 16% of commercial spaces on the market. Local retail availability includes 101,446 square feet across 20 listings. Current industrial offerings on the market amount to 871,531 square feet across a total of 22.

Employment in Sterling Heights, MI

Employed Population 67,136

Employed population - Industry % Distribution

Management, business, science, and arts occupations

38%

Sales and office occupations

23%

Service occupations

17%

Production, transportation, and material moving occupations

15%

Natural resources, construction, and maintenance occupations

6%

In 2020, roughly 38% of a total of 67,136 employed in Sterling Heights worked in Management, business, science, and arts occupations, followed by 23% in Sales and office occupations and 17% in Service occupations.

Income per capita $32,884  Median household income $67,238

Household income

37%

Under $50k

33%

$50k - $100k

25%

$100k - $200k

5%

Over $200k

The median household income in Sterling Heights stands at $67,238, with per capita income at $32,884. Households earning between $50k and $100k represent 33% of the total, while those earning over $200k make up 5%. Approximately 37% of Sterling Heights households earn less than $50k per year.

Commuting in Sterling Heights, MI

Mean travel time to work 27 minutes

Means of transportation to work

86.30%

Driving alone

9.00%

Carpool

0.30%

Public transit

0.00%

Bicycle

1.20%

Walking

0.60%

Other

2.70%

Work at Home

*Universe: Workers 16 and over

Education in Sterling Heights, MI

High school grad or higher 89%

Bachelor's degree or higher 28%

Population by minimum level of education

11%

No degree

32%

High school

28%

Some College

18%

Bachelor's

10%

Post-grad

*Universe: Workers 25 and over

An estimated 89% of Sterling Heights residents aged 25 or over hold a high school degree or higher. Of those, 32% are high school graduates, 28% attended some college, 18% earned a bachelor's degree, with an additional 10% holding post-graduate degrees.

Sterling Heights, MI Demographics

As of 2020, Sterling Heights had a total population of 132,429, with a median age of 42.20 years. Roughly 66.70% of the total population was between the ages of 16 and 64 years old.