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Retail Space on John R Road
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27117 27137 John R Road, Madison Heights, MI

5,134 SF retail space with abundant parking.

Property Size5,134 SF
Lot Size1.09 Acres
Days on Market282

Property Features for 27117 27137 John R Road

General Information

Standard status Active
Size 5,134 SF
Lot size 1.09 Acres
Property subtype RETAIL
Listing Agency: NAI Farbman - Corporate
Listed By: Jake Wiseman · License #6502102638
Source: Moodyscre
Added: Oct 22, 2025 Changed: Jul 6 Last Checked: Jul 21 at 5:44AM

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 - Corporate

Investment Insights

Based on property information with market context.

This 5,134 square-foot retail space, formerly a Rent-A-Center, is available for lease. The property is located adjacent to Beyond Home, on 11 Mile and John R Road, offering excellent visibility with over 18,000 vehicles passing by daily. It features an overhead door and an abundant parking lot. The location benefits from a dense residential population, with over 129,000 residents living within a 3-mile radius, with an average household income of $83,900 annually.

Key Highlights

  • Excellent Visibility: Over 18,000 vehicles per day.
  • High Traffic Location: Adjacent to Beyond Home on 11 Mile and John R Road.
  • High Population Density: Over 129,000 residents within a 3‑mile radius.

Property Analytics

Current Use

Beyond Home Home Decor Store

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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

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

Market

Lease Benchmarks for Madison Heights, MI

$15.52 /SF/Yr
Avg Asking Price
$13–$21.6 /SF/Yr
Price Range
6,719 SF
Avg Space Size

This space is priced 3% below the average of $15.52 /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 with abundant parking.
Where is this retail space located?
The property is located at 27117 27137 John R Road 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: Excellent Visibility: Over 18,000 vehicles per day.; High Traffic Location: Adjacent to Beyond Home on 11 Mile and John R Road.; High Population Density: Over 129,000 residents within a 3‑mile radius.
(248) 687-9150 Call to check price and availability
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