Henry Ford OptimEyes - Trophy Asset

Investment Overview

Mid-America Real Estate-Michigan, Inc. has been retained on behalf of ownership to sell the 100% fee simple interest in 1.86 acres of land with a 17,330 square foot building in Sterling Heights, Michigan that is fully occupied by Henry Ford OptimEyes. The property is positioned along Metro Detroit’s busiest retail corridor, at the southwest corner of Hall Road (M-59) and Schoenherr Road featuring over 125,000 vpd at the intersection. This is a rare opportunity to own one of the most prominent corners in all of Michigan.

Investment Highlights

• Prominent Corner
• The subject property is ideally positioned at southwest corner of Hall and Schoenherr Roads, featuring over 125,000 vehicles per day traveling along the intersection. Hall Road is one of the busiest intersections in all of Metro Detroit and dubbed the “Golden Corridor” because of its immense economic impact in Macomb County and Metro Detroit.
• Amazing Visibility and Access
• Amazing visibility from both Hall and Schoenherr Roads, the property is easily detectable for tenants’ customers. In addition to the strong visibility, there are several points of ingress and egress from the property, including 2 points (one with a traffic signal) on Hall Road and 3 points on Schoenherr Road.
• Dominant Retail Corridor
• The corridor is the major east-west commercial corridor in Sterling Heights and Macomb County. The Sterling Heights section of Hall Road is one of the busiest retail corridors in Michigan, lined with big-box stores, restaurants, auto dealerships, shopping centers and entertainment venues. The country’s biggest retailers who reside along the corridor include Costco, Target, Whole Foods, Home Depot, Walmart, Sam’s Club, Total Wine, Petco, DSW, Hobby Lobby, Dick’s Sporting Goods, Michael’s, and many more. Hall Road is also home to many national QSRs and sit-down restaurants including Chick-fil-A, Jollibee, Portillo’s, McDonald’s, Starbucks, Olive Garden, Outback, Shake Shack, Longhorn Steakhouse, Ford’s Garage, and more.
• Dense Residential Customer Base
• This Henry Ford Health OptimEyes is located in the heart of Sterling Heights, a vibrant and affluent community in Metro Detroit. The city is known for its dense neighborhoods, strong economy, and business-friendly environment. Within 5-miles of the property the residential population reaches over 230,000 people, with an average household income of $109,243. Furthermore, healthy growth is projected over the next 5 years, with the population expected to grow by .49% within a 1-mile radius.