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36886 Ryan Rd 3,495 SF 100% Leased Retail Building Sterling Heights, MI 48310 $625,000 ($178.83/SF)
Investment Highlights
- High-visibility location along Ryan Road in a densely populated Sterling Heights corridor.
- Established grocery business in operation for over 20 years with a loyal customer base.
- Convenient access to major roadways enhances customer reach and business visibility.
Executive Summary
Listing price is for business only. Take advantage of the opportunity to own a successful, community-focused grocery market with a
proven track record in Sterling Heights. Serving local residents for more than two decades, this well-known business has built a strong
following through its commitment to quality products and exceptional customer service. The market offers an extensive selection of fresh
fruits and vegetables, quality meats, freshly baked goods, specialty grocery items, pantry staples, and bulk products. Fully operational
and equipped for day-to-day business, the store provides a seamless transition for an owner looking to step into an established operation
with a loyal customer base and consistent foot traffic. A rare opportunity to acquire a respected neighborhood business in a highly
desirable and well-traveled location. Monthly rent is 8000 under a triple net lease agreement that expires in 2028. Inventory is included.
There is a Bakery and meat section
proven track record in Sterling Heights. Serving local residents for more than two decades, this well-known business has built a strong
following through its commitment to quality products and exceptional customer service. The market offers an extensive selection of fresh
fruits and vegetables, quality meats, freshly baked goods, specialty grocery items, pantry staples, and bulk products. Fully operational
and equipped for day-to-day business, the store provides a seamless transition for an owner looking to step into an established operation
with a loyal customer base and consistent foot traffic. A rare opportunity to acquire a respected neighborhood business in a highly
desirable and well-traveled location. Monthly rent is 8000 under a triple net lease agreement that expires in 2028. Inventory is included.
There is a Bakery and meat section
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
3,495 SF
Building Class
B
Year Built
1999
Price
$625,000
Price Per SF
$178.83
Percent Leased
100%
Building Height
1 Story
Building FAR
0.04
Lot Size
1.99 AC
Zoning
C-1 - Commercial
Amenities
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 10-10-29-101-023 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $980,500 |
Property Taxes
Parcel Number
10-10-29-101-023
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$980,500
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