Delco Plaza
$16,442,562
11950 Hall Road, Sterling Heights, MI 48313
For Sale
Retail
Strip Center
Active
Last Updated: 11/10/2026
8
Cap Rate
1,315,405
NOI
Details:
Cap Rate: 8%
NOI: $1,315,405
Building Size: 155,813 sqft
Lot Area: 14.59 acres
Occupancy: 100%
Year Built: 1973 / 1996
Zoning: C-2 Commercial
Tenancy: Multiple
Highlights:
- 100% Leased with National Anchors on Long-Term NNN Leases
- Embedded Rent Growth and NOI Expansion (Value Add)
- Ground Lease and Spin-Off Opportunity
- Located in Metro Detroit’s Most Vibrant Retail & Growth Corridor
- Dense Trade Area with a Diverse Economic Base
- Under-Market Rents / Low PSF
Description:
Landmark Investment Sales is pleased to exclusively offer for sale Delco Plaza, a 100% leased, 155,813-square-foot shopping center on 14.59 acres in Sterling Heights, Michigan. The property sits at the signalized intersection of Hall Road (84,928 CPD) and Delco Boulevard, just off Van Dyke Freeway (39,871 CPD), in a densely populated suburb of Detroit with 99,202 residents within three miles. Delco Plaza is anchored by Tractor Supply Co. and Dunham’s Sports, alongside Urban Air Adventure Park and Amish Direct Furniture, and is surrounded by Sam’s Club, The Home Depot, Target, Costco and Dick’s Sporting Goods.
Documents:
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102i_Delco_Plaza-Sterling_Heights__MI-OM.pdf
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Location
Gallery
