Former VG’s Supermarket/18 Ryan Center

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Former VG’s Supermarket/18 Ryan Center

Type: Lease

SEC 18 Mile & Ryan Rd Sterling Heights MI Macomb County

Property Type: Neighborhood Center

Rent: Negotiable

Contact Person(s): Michael Lippitt &
David Ward

(248) 488-2620

Description:

Prime 52,103 SF anchor position at 18 Ryan Center available. The 52,103 SF former VG’s Supermarket at the southeast corner of 18 Mile Rd and Ryan Rd in Sterling Heights, Michigan, is available for lease. The 18 Ryan Center is an attractive neighborhood project that includes: O’Rielly Auto Parts, Planet Fitness, Dollar Tree, Great Clips, Jet’s Pizza and many others. This former VG’s has excellent visibility, parking and pylon signage available on both roads. The space is in great shape and could be easily adapted for a variety of retail or alternative uses. The area surrounding the site is highlighted by very dense residential population, with almost 100,000 people in three miles and 232,000 in five miles with average household incomes exceeding $80,000. In addition, there are over 48,000 employees and 3,655 total businesses in a 3 mile radius surrounding the site. Traffic is also strong with 25,300 cars on 18 Mile Rd and additional 17,500 on Ryan Rd.

Please call us to discuss your specific requirements today!

NNN Expense: $4.62/SF
CAM: $3.16/SF
TAXES: $1.20/SF
INSURANCE: $0.26/SF

Available Space: 52,103 SF (240’x134’)

Zoning: C-2 Shopping Center

Gross Leasable Area: 101,709 SF

Traffic Count: Ryan Rd south of 18 Mile Rd= 25,300 cpd
18 Mile Rd east of Ryan Rd= 17,500 cpd

Demographic Info:

Radius: 1 Mile 3 Mile 5 Mile 7 Mile
Population Density: 13,788 97,620 232,108 485,223
Avg. HH Income: $80,730 $84,094 $81,233 $81,933

LANDMARK COMMERCIAL REAL ESTATE SERVICES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.