Sterling Heights, a city in Macomb County, Michigan, and a suburb of Detroit, is an ideal location for a restaurant, offering a unique blend of small-town charm and big-city amenities. With a population of around 130,000, this city provides a diverse customer base for restaurants. The city's infrastructure, including major highways like M-53 and M-59, and significant retail and commercial development areas like Lakeside Mall, make it an attractive location for businesses. Additionally, the presence of major corporations like General Dynamics Land Systems and FCA US LLC (formerly Chrysler Group LLC) contributes to a strong economy, which is heavily influenced by the automobile industry. The city's amenities, such as the Henry Ford Macomb Hospital, Dodge Park, and the Sterling Heights Community Center, also make it an attractive location for residents and visitors alike.
With 2 restaurants for lease in Sterling Heights, this city offers a wide range of opportunities for restaurateurs. The average annual rent per square foot for restaurants in Sterling Heights is Price Upon Request, with spaces ranging from 1,000 square feet to 6,932 square feet. In addition to restaurants, Sterling Heights also offers retail space, commercial real estate, and flex space for lease, providing a variety of options for businesses. The city's diverse economy, infrastructure, and amenities make it an attractive location for businesses of all types, including retail, commercial, and industrial ventures. Overall, Sterling Heights is a great place to do business, with its unique blend of small-town charm and big-city amenities.
How are restaurant leases typically structured?
In Sterling Heights, restaurant leases are typically structured with an average annual rent of Price Upon Request per square foot, with spaces ranging from 5,216 square feet to 6,932 square feet. These leases often have a term of 5-10 years, with options for renewal, and may include provisions for common area maintenance, property taxes, and insurance.
What kitchen equipment is usually included in restaurant leases?
In Sterling Heights, Michigan, where there are currently 2 available restaurant listings, the kitchen equipment typically included in restaurant leases may vary depending on the specific property and landlord. However, common items that are often included are commercial-grade appliances such as ovens, refrigerators, and dishwashers, as well as cooking equipment like grills, fryers, and ventilation systems, which can be a significant advantage for restaurateurs looking to set up shop in this city with a strong manufacturing and retail economy.
