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For Sale

Former Wendy's

40950 Ryan Rd,
Sterling Heights, MI 48310

Asset Snapshot

2000
Year Built
1
Floor Count

Offering Summary

Investment Overview

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Investment Highlights

  • Rare Freestanding Corner Opportunity – Positioned on a signalized hard corner at Ryan Road and 18 Mile Road, providing exceptional visibility, multiple points of ingress/egress, and strong daily traffic exposure.
  • Turnkey Second-Generation Restaurant – Existing 3,120 SF building includes drive-thru infrastructure, reducing redevelopment costs and accelerating occupancy timelines for restaurant, coffee, medical, or retail users.
  • Redevelopment & Repositioning Potential – Situated on approximately 0.92 acres, the site offers flexibility for adaptive reuse, redevelopment, or conversion to a variety of retail, service, medical, or automotive concepts
  • Strong Surrounding Retail Synergy – Located among national and regional retailers including CVS, Dollar Tree, Planet Fitness, Kroger, Chase Bank, McDonald's, Panera Bread, Meijer, and Walmart, creating consistent consumer traffic and cross-shopping opportunities.
  • Affluent and Dense Trade Area – More than 97,000 residents reside within a 3-mile radius with average household incomes exceeding $108,000, supporting a wide range of retail and service-oriented uses.
  • High-Barriers-to-Entry Location – Established Sterling Heights corridor with limited availability of freestanding retail pads and drive-thru opportunities, enhancing long-term value and tenant demand.
  • Excellent Accessibility – Full access from major thoroughfares with convenient customer parking and strong connectivity to surrounding residential neighborhoods and commercial districts.

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Listing Syndicated From

Buildout
For Sale
$2,500,000
Asking Price