For Lease
Request a price25377 Schoenherr Rd Warren, MI 48089
High-traffic location, 9,304 sq ft.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- High-visibility pad site adjacent to a 155,000 SF Meijer Supercenter in Warren, MI at Ten Mile & Schoenherr Roads.
- Stable investment with four leases and a weighted average lease term (WALT) exceeding six years.
- Leases include built-in rental increases, offering future income growth.
- High-performing Meijer location (top 77% nationally), attracting over 2.1 million visitors in 2023 (Placer.ai).
- Strong performing Great Clips tenant (top 75% nationally, top 80% in Michigan) based on the past 12 months (Placer.ai).
- Complementary national tenants Dunkin' and Taco Bell are also located on adjacent pad sites.
Property Details for 25377 Schoenherr Rd
- Property type
- Retail properties, Retail space
- RSF (Rentable sq. ft)
- 9,304 SF
Unit(s) available at that property
- Space
- Available Space
- Size
- 1,329 SF
Location Insight
- City
- Warren
- County
- Macomb
- State
- Michigan
- Latitude
- 42.4814153
- Longitude
- -82.9876459
Nearby Similar for Lease
FAQs
- What type of property is this?
- Retail property - High-traffic location, 9,304 sq ft.
- Where is the retail property located?
- The property is located at 25377 Schoenherr Rd Warren, MI.
- What are key features of this property?
- This property features: High-visibility pad site adjacent to a 155,000 SF Meijer Supercenter in Warren, MI at Ten Mile & Schoenherr Roads.; Stable investment with four leases and a weighted average lease term (WALT) exceeding six years.; Leases include built-in rental increases, offering future income growth.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Visit Broker Website