Description
35372 Van Dyke Avenue is a 5,548 SF, two-tenant retail investment offered for $3,482,496 in Sterling Heights. The 2020-built property is fully occupied by Aspen Dental and Charley’s and is marketed at a 6.25% cap rate, or approximately $627.70/SF. The building occupies approximately 1.31 acres and is zoned C-3 General Business.
The property fronts Van Dyke Avenue near 16 Mile Road and the Stellantis Sterling Heights Assembly Plant. Its recent construction, full occupancy, and complementary service and restaurant tenancy provide an investor with an operating multi-tenant asset rather than a lease-up project. Buyers should confirm current lease terms, rent increases, guaranties, and expense responsibilities in the offering materials.
Offering Summary
- Asking Price$3,482,496
- Price PSF$627.70
- Property TypeRetail
- Size5,548 SF
- Occupancy100%
- Properties1
- Built2020
- Total Acres~1.31 ac
Sale Details
- Cap Rate6.25%
Documents
Property Address
35372 Van Dyke Avenue
Sterling Heights, MI 48312
Property Details
- Property Type
Retail - Gross Leasable Area
5,548 SF - Occupancy
100% - Year Built
2020 - Acres
1.31 - Zoning
C-3 General Business
Deal Team

Sal Yaldo
Managing Partner
Apex Commercial Real Estate Advisors MI RE Lic. 6501438965


