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Lease/Sale

Former Bank Branch

5775 E 14 Mile Rd
Sterling Heights, Michigan

eCode:746

Louis J. Ciotti

lciotti@landmarkcres.com

248.488.2620

Property Type

Freestanding

Sales Price

$1,400,000.00

Rent

$120,000.00/YR NNN

Property Taxes

$20,000.00

Building Size

3,173 SF

Lot Size

1.19 AC

Lot Dimensions

160.24′ X 316.31′

Zoning

O-1

Traffic Count

E. 14 Mile RD (23,528 CPD)
Mound Rd (97,045 CPD)

Highlights

Located on NWC of Mound Rd & 14 Mile Rd
Site Option Available
Absolute Net Lease
Site can be Leased for Many Uses including Retail
Heavy Traffic
Curb Cuts Off of Mound Rd & 14 Mile Rd
Great Visibility & Signage

Radius	1 Mile	3 Mile	5 Mile
Population Density	8,127	100,256	292,393
Household Income	$75,606	$92,283	$98,957
Daytime Pop	6,100	57,256	157,365

SIMILAR PROPERTIES

Lease

Orchestra Place (First Floor Retail)

3603 Woodward Ave
Detroit, Michigan
3,556 SF (First Floor Retail)
Space Dimensions: Irregular (78’ FT Depths)

Sale

Value-Add Multi-Tenant Building PNC Bank

31200 Mound Rd
Warren, Michigan

$2,199,000.00
(Annual Rent: $97,350.00 with PNC Bank) | Lower Level: 5,486 SF
Upper Level: 5,763 SF
Total Vacancy: 11,249 SF