Restaurant Pad Site Available

Retail-Commercial for Sale
Catylist Listing ID: 30211714
Property Subtypes: Restaurant
Building Status: Proposed
Building Size (RSF): 8,000 SF
Gross Building Area: See Agent
Sale Price: $1,250,000
Unit Price: $156.25 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/15/2018

Overview / Comments

As part of the Sterling Enterprise Park development, a 144 acre multi-use industrial development, the largest of its kind in Sterling Heights in over 40 years, Gerdom Realty & Investment is proud to present the only service/restaurant component within the project. With exposure on 17 Mile Road in close proximity the Van Dyke Avenue corridor, this site will accommodate up to 8,000 square feet for a full service restaurant. This phase of the project will be complimented by three variable service hotels totaling approximately 325 room.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb West

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,426 130,314 350,738
Median Age: 41.21 40.66 41.46
Households: 3,430 49,746 140,868
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