44987 Schoenherr Rd - Freestanding FOR SALE


Sterling Heights, MI 48313
$8,088,128 USD
248-855-6800
44987 Schoenherr Rd, Sterling Heights, MI for Sale
$8,088,128 USD
Freestanding - FOR SALE
1/10
null | 6.25% Cap Rate

44987 Schoenherr Rd
Sterling Heights, MI 48313


OVERVIEW

Mid-America Real Estate-Michigan, Inc. has been retained on behalf of ownership to sell the 100% fee simple interest in 1.86 acres of land with a 13,330 sqaure foot building in Sterling Heights, Michigan that is fully occupied by Henry Ford OptimEyes. The property is positioned along Metro DEtroit's busiest retail corridor, at the southwest corner of Hall Road (M-59) and Schoenherr Road featuring over 125,000 vpd at the intersection. This rare opportunity to own one of the most prominent corners in all of Michigan.

FOR SALE DETAILS

PRICE

$8,088,128 USD

PRICE/SF

$467 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Henry Ford OptimEyes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.86 AC

LAND SF

81,022 SF

ZONING

C-2

APN/PARCEL ID

10-10-02-226-013

ASK ABOUT THIS PROPERTY

Eric BirnholtzMid-America Real Estate - Michigan, Inc.More Info
248-855-6800

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Eric BirnholtzMid-America Real Estate - Michigan, Inc.More Info
248-855-6800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.