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Madison Center

Market Price

29411 John R Road, Madison Heights, MI 48071

Active
Last Updated: 03/04/2026

1,062,780

NOI

71,647 sqft

Building Size

Details:
NOI:    $1,062,780
Building Size:    71,647 sqft
Lot Area:    6.72 acres
Occupancy:    100%
Year Built:    1962
Tenancy:    Multiple
Year Last Renovated:    2023
Highlights:
  • Investment Grade Credit Anchor Backed by Amazon.com, Inc.
  • Diversified Credit Tenant Mix
  • Shadow-Anchored by BJ's Wholesale Club
  • Prime Location in a Proven, High-Traffic Retail Corridor
  • Recent Capital Improvements Reduce Near-Term Risk
Description:

Landmark Investment Sales is pleased to present Madison Center, a well-located retail center in Madison Heights, Michigan, anchored by a high-performing Asian grocer subleased from Amazon, with Amazon remaining on the master lease through 2039. The property is positioned at the signalized intersection of 12 Mile Road and John R Road, offering immediate access to I-75 and benefiting from strong surrounding demographics, including an average household income of $106,000 within a three-mile radius.

Madison Center features tenants such as the U.S. Post Office and Acorn Health and is shadow anchored by BJ’s Wholesale Club. The center’s diversified, daily-needs-oriented tenant mix, coupled with long in-place lease terms, provides durable income stability and meaningful downside protection for investors.

Map:
Documents:
Title
096i_Madison_Center-Madison_Heights__MI-OM.pdf
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