Madison Place

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Madison Place

Type: Lease

32203 John R Rd Madison Heights MI Oakland

Property Type: Power Center

Date Available: Immediately

Rent: $30.00/SF NNN

Contact Person(s): Scott Sonenberg
Anthony Vitale

(248) 488-2620

Description:

Madison Place is located at the “main and main” intersection of 14 Mile and John R Roads, adjacent to Interstate 75 (152,800 cpd). This high-profile center is an excellent opportunity to locate on the pad site of a Target anchored power center in the heart of one of Metro Detroit’s most dominant retail corridors which is home to the super-regional mall, Oakland Mall. The available 2,425 SF space offers a turnkey restaurant operation and is adjacent to a 2,367 SF space with the potential of being combined. Join Target, AMC Theaters, Jo-Ann Fabrics, Dunham’s, Office Max, Party City, Jimmy John’s and T-Mobile.

NNN Expense: $3.00/SF

Building Size: 9,927 SF

Lot Size: 46 acres

Available Space: 2,367 SF to as large as 4,792 SF

Improvements: Turnkey restaurant space

Anchors: Target, AMC Theaters, Jo-Ann Fabrics, Dunham's, Office Max, Party City

Traffic Count: John R Rd South of 14 Mile Rd= 25,690 cpd
14 Mile Rd West of John R Rd = 46,380 cpd

Demographic Info:

Radius: 1 Mile 3 Mile 5 Mile
Population Density: 8,301 116,264 303,915
Avg. HH Income: $41,743 $71,886 $79,658

LANDMARK COMMERCIAL REAL ESTATE SERVICES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.