Offering Memorandum
Investment Sale
Madison Center
29411 John R Rd
Madison Heights, Michigan
Madison Heights, Michigan
eCode:096i
Sales Price
Unpriced
NOI
$1,062,780
Building Size
71,647 SF
Lot Size
6.72 AC
Year Built
1962 / Renov. 2023
Anchor(s)
Kim Nhung Superfood (High-performing Asian grocer subleased from Amazon)
Tenant Roster
- Kim Nhung Superfood (High-performing Asian grocer subleased from Amazon)
- Hallmark
- U.S. Post Office
- Acorn Health
Traffic Count
John R Rd (23,268 CPD)
12 Mile Rd (26,060 CPD)
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
| Radius | 1 mile | 3 mile | 5 mile |
| Population Density | 13,851 | 124,911 | 334,265 |
| Household Income | $90,170 | $106,385 | $106,867 |
| Daytime Pop | 6,873 | 73,053 | 215,457 |
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