25377- Schoenherr Rd Warren, MI 48089
Warren, MI Retail Investment Opportunity
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Pad site adjacent to a 155,000 SF Meijer Supercenter at Ten Mile & Schoenherr Roads, Warren, MI.
- Stable asset with four leases and a weighted average lease term (WALT) exceeding six years.
- Leases include built-in rental increases.
- High-performing Meijer location (top 77% nationally), exceeding 2.1 million customer visits in 2023 (Placer.ai).
- Strong performing Great Clips location (top 75% nationally, top 80% in Michigan) over the past year (Placer.ai).
- Dunkin' and Taco Bell also located on adjacent pad sites.
Property Details for 25377- Schoenherr Rd
- Property type
- Retail properties
- Square Feet
- 9,304 SF
- Lot Size (sq. ft)
- 68,825 SF
Location Insight
- City
- Warren
- County
- Macomb
- State
- Michigan
- Latitude
- 42.4817099
- Longitude
- -82.9876694
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Warren, MI Retail Investment Opportunity
- Where is the retail property located?
- The property is located at 25377- Schoenherr Rd Warren, MI.
- What is the asking price?
- The asking price for this property is $3,450,000.
- What are key features of this property?
- This property features: Pad site adjacent to a 155,000 SF Meijer Supercenter at Ten Mile & Schoenherr Roads, Warren, MI.; Stable asset with four leases and a weighted average lease term (WALT) exceeding six years.; Leases include built-in rental increases.
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