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AVAILABLE FOR SALE

Unique Class A Flex Property

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36250 Van Dyke Ave
Sterling Heights, MI

The Property

36250 Van Dyke Avenue consists of two (2) office buildings totaling approximately 93,205 SF. The property is directly off Van Dyke Avenue and was formerly an auto dealership that the owner repurposed to an office building to support the their tech operations and call center. Building A measures approximately 58,843 square feet and supported the former office/call center operations. Building B is located in the rear of the 4.3 acre lot and contains the tech operation employees which consists of approximately 34,362 square feet. The property itself is well positioned between 15 and 16 Mile Road and highly visible from Van Dyke Avenue; which sees an average daily traffic count of +/- 53,000 vehicles per day.

The Owner currently leases 3.443 acres, for a combined total of 7.74 acres, from the city of Sterling Heights for excess parking. The seller has the right to mortgage its leasehold interest in the lease to an entity without Landlord’s consent, provided such leasehold mortgage does not attach to the Landlord’s fee simple interest in the Land. The current ground lease expires in 2025 and has two (2) fifteen (15) year automatic renewal options to extend the lease. The Buyer can provide notice at any time during the lease to terminate with 60 day notice.

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Size

93,205 SF
4.3 Acres

Zoning

M2; Heavy Industrial

Sterling Heights

Parking

345 Surface Spaces

4.23 per 1,000 SF

Demographics

Population

7,535 (1 mi)

99,806 (3 mi)

Average Income

$89,505 (1 mi)

Contact

36250 Van Dyke Avenue

Sterling Heights, MI 48312

Mark Talley

Greenwood CRE

313-350-5820 

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We'll be in contact!

36250 Van Dyke Avenue

Sterling Heights, MI

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©2022 by Greenwood Commercial Real Estate Group

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