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Madison Heights Retail Center For Sale
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29411 John R Rd, Madison Heights, MI 48071

Well-located retail center anchored by Asian grocer in Madison Heights.

Property Size71,647 SF
Days on Market169

Property Features for 29411 John R Rd

General Information

Standard status Active
Size 71,647 SF
Property subtype Retail
Occupancy 100%

Building Details

Year Built 1962
Year Renovated 2023
Buildings 1
Stories 1
Tenancy Multi
Listing Agency: Landmark Commercial Real Estate Services
Listed By: Jack Melton · License #6501450066
Source: Crexi
Added: Mar 4 Changed: Aug 16 Last Checked: Aug 16 at 7:35AM

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 Landmark Commercial Real Estate Services

Investment Insights

Based on property information with market context.

Madison Center is a retail center located in Madison Heights, Michigan. The property is anchored by a high-performing Asian grocer subleased from Amazon, with Amazon remaining on the master lease through 2039. The center is positioned at the signalized intersection of 12 Mile Road and John R Road, providing access to I-75. The surrounding area has strong demographics, including an average household income of $106,000 within a three-mile radius. Other tenants include the U.S. Post Office and Acorn Health. The property is shadow anchored by BJ’s Wholesale Club. The center has a diversified, daily-needs-oriented tenant mix and long in-place lease terms. The property size is 71647 square feet.

Key Highlights

  • Anchored by a high‑performing Asian grocer subleased from Amazon, with Amazon remaining on the master lease through 2039.
  • Strong surrounding demographics with an average household income of $106,000 within a three‑mile radius.
  • Located at the signalized intersection of 12 Mile Road and John R Road, offering immediate access to I‑75.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Dental Office Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

537
Businesses Nearby
28k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 100%
Culver's Dining
27,610 visits/mo 0.4 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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Secretary of State Self-service Station 2200 Twelve Mile Rd, Royal Oak, MI 48067
  • Coinstar Kiosk - Bitcoin ATM 2200 E 12 Mile Rd Kroger, Royal Oak, MI 48067

Frequently Asked Questions

What type of property is this?
Shopping center - Well-located retail center anchored by Asian grocer in Madison Heights.
Where is this shopping center located?
The property is located at 29411 John R Rd Madison Heights, MI.
What are key features of this property?
This property features: Anchored by a high‑performing Asian grocer subleased from Amazon, with Amazon remaining on the master lease through 2039.; Strong surrounding demographics with an average household income of $106,000 within a three‑mile radius.; Located at the signalized intersection of 12 Mile Road and John R Road, offering immediate access to I‑75.
(248) 488-2620 Call to check price and availability
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