6335 15 Mile Rd - Retail FOR SALE


Sterling Heights, MI 48312
$5,546,083 USD
513-228-6224
6335 15 Mile Rd, Sterling Heights, MI for Sale
$5,546,083 USD
Retail - FOR SALE
1/6
null | 6% Cap Rate

6335 15 Mile Rd
Sterling Heights, MI 48312


OVERVIEW

This great opportunity offers investors a long-term (20 years) lease with five (5), five (5) year options to renew and fixed ten percent (10%) base rent increases every five years during the primary lease term and options. This 10,792 square foot luxury pet resort is a new build that was completed in spring of 2025. PetSuites has positioned themselves to be among high-income and high-density households in a thriving community with very little direct competition within a fifteen-minute drive. Today, the area is known for offering a modern living and working place in a rural atmosphere. Sterling Heights has become the hub of Detroit, offering proximity to the bustling city, while maintaining the serenity of its many acres of peaceful parkland.

FOR SALE DETAILS

PRICE

$5,546,083 USD

PRICE/SF

$514 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PetSuites Sterling Hts

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

-

APN/PARCEL ID

10-10-28-353-048

ASK ABOUT THIS PROPERTY

Kyle CajaHenkle SchuelerMore Info
513-228-6224

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Kyle CajaHenkle SchuelerMore Info
513-228-6224

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