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Retail Space with Overhead Door
For Lease
$15 SF/Yr NNN

27117-27137 John R Rd, Madison Heights, MI 48071

5,134 SF retail space available with an overhead door and abundant parking, located along John R Road.

Space SizeContact for details
Property Size20,543 SF
Days on Market324

Property Features for 27117-27137 John R Rd

General Information

Standard status Active
Size 20,543 SF
Property subtype Retail
Zoning B-3
Lease Type NNN

Additional Details

Traffic Count 18,000 vehicles/day

Building Details

Building Size 20,543 SF
Listing Agency: NAI Farbman
Listed By: Ron Goldstone · License #6502102638
Source: Cpix.resimplifi
Added: Oct 20, 2025 Changed: Aug 8 Last Checked: Jul 23 at 5:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Farbman

Investment Insights

Based on property information with market context.

Available for lease is a 5,134 SF retail space in a property that was previously occupied by Rent-A-Center. The unit includes an overhead door and is supported by abundant on-site parking.

The center is situated adjacent to Beyond Home on John R Road near 11 Mile. The public remarks note excellent visibility with over 18,000 vehicles per day and a broad surrounding population base, including 129,000 residents within a 3-mile radius and an average household income of $83,900 annually.

Lease terms are quoted at $15.00 PSF on an NNN basis.

Key Highlights

  • 5,134 SF retail space available
  • Former Rent‑A‑Center location
  • Overhead door plus abundant on‑site parking

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Parking Lot & Garage Skin Care Clinic Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18,000 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

522
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 55% Dining 45%
7-Eleven Shops & Services
7,240 visits/mo 0.5 miles
BIGGBY COFFEE Dining
6,423 visits/mo 0.2 miles
Mobil Shops & Services
4,747 visits/mo 0.2 miles
Jet's Pizza Dining
2,247 visits/mo 0.2 miles
Cottage Inn Pizza Dining
1,024 visits/mo 0.3 miles

Demographics for 48071, MI

28,468
Population
14,690
Households
1.9
Avg Household Size
39
Median Age
32%
College-Educated
89%
High-School Grad
7.1 sq mi
ZIP Area
4,010
Density / Sq Mi
$66,726
Median Household Income
$49,151
Median Earnings
$1,138
Median Rent
$190,300
Median Home Value

Market

Lease Benchmarks for Madison Heights, MI

$13.75 /SF/Yr
Avg Asking Price
$6.66–$21.6 /SF/Yr
Price Range
5,474 SF
Avg Space Size

This space is priced 9% above the average of $13.75 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 5,134 SF retail space available with an overhead door and abundant parking, located along John R Road.
Where is this retail space located?
The property is located at 27117-27137 John R Rd Madison Heights, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 5,134 SF retail space available; Former Rent‑A‑Center location; Overhead door plus abundant on‑site parking
More about this property
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