25373 Schoenherr RdWarren, MI 48089
High-yield retail center, strong tenant mix.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 94
Highlights
- 9,304 SF multi-tenant shopping center on a 1.58-acre pad site adjacent to a 155,000 SF Meijer Supercenter in Warren, MI.
- Stable asset with a weighted average lease term (WALT) exceeding six years across four leases, including built-in rental increases.
- High-performing location: Meijer ranks in the top 77% nationwide (2.1M+ customers in 2023, Placer.ai).
- Great Clips ranks in the top 75% nationally and top 80% in Michigan (Placer.ai).
- Strong surrounding demographics with dense residential population and proximity to major roadways and employment centers.
- Additional nearby tenants include Dunkin' Donuts and Taco Bell.
Property Details for 25373 Schoenherr Rd
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 9,304 SF
- Lot Size (sq. ft)
- 68,825 SF
Location Insight
- City
- Warren
- County
- Macomb
- State
- Michigan
- Latitude
- 42.4815371
- Longitude
- -82.9877384
Nearby Similar for Sale
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