Active
Sale
Retail
Office
Restaurant
Medical

35372 Van Dyke Ave

35372 Van Dyke Ave, Sterling Heights, MI 48312

For Sale

$3,482,496

$627.70/SF

Building Size
5,548 SF
Lot Size
1.31 ac
County
Macomb
Listed
07/28/2026
Updated
07/28/2026
35372 Van Dyke Ave
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Overview

Built in 2020, this 5,548 SF multi-tenant retail center offers investors a modern, low-maintenance asset with strong curb appeal and minimal near-term capital expenditure requirements.

The property is fully leased to two established tenants with more than 5 years of remaining lease term, providing dependable cash flow and long term income security.

Anchored by Aspen Dental, a nationally recognized healthcare provider with over 1,000 locations nationwide, alongside Charley's Cheesesteaks & Wings, a rapidly growing restaurant brand with more than 850 locations globally.

Tenants are responsible for taxes, insurance, CAM, HVAC, and parking lot maintenance, significantly reducing landlord responsibilities and operating expense exposure.

Charley's Cheesesteaks & Wings features a contractual 10% rental increase during the primary lease term, providing future NOI growth and inflation protection.

Situated along Van Dyke Avenue (M-53), one of Macomb County's busiest commercial corridors, the property benefits from exceptional visibility, strong traffic counts, and direct access to major regional thoroughfares.

Located within a dominant retail trade area featuring major national retailers including Walmart, Meijer, Home Depot, Dollar General, Taco Bell, Panda Express, Mobil, Huntington Bank, and many others that drive consistent consumer traffic.

The property serves a dense and affluent trade area with more than 8,650 residents and average household incomes exceeding $82,000 within a one-mile radius.

The combination of healthcare and quick-service restaurant tenancy provides recession-resistant income streams and reduces reliance on a single retail sector.

Positioned within one of Metro Detroit's strongest retail markets, benefiting from continued residential growth, established neighborhoods, and sustained consumer demand.

Additional Information

City
Sterling Heights
State
MI
Zip Code
48312
Secondary Uses
Restaurant, Medical
Zoning
C-3
Zoning Desc.
General Business
Tenant
Aspen Dental & Charley's Philly Steaks
Sale Terms
Other
Call For Offers
Yes
Building Class
A
# of Buildings
1
Year Built
2020
Rentable SF
5,548
Tenancy
Multi-Tenant
Property Use Type
Investment
Avg. Occupancy
100%
Parcel APN
10-10-27-300-052
Listing ID
6d8a26cc

Parcel & Location