Renovated Retail
For Sale
Contact for pricing
Pending
31010 John R Rd, Madison Heights, MI 48071
Fully renovated retail space occupied by Goodwill under a 15-year absolute NNN lease.
Property SizeContact for details
Days on Market141
Property Features for 31010 John R Rd
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Corner Location
Yes
Building Details
Tenancy
Single
Listing Agency:
CBRE - Detroit
Listed By:
Scott Young · License #MI 6502405265
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 30 at 5:54PM
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 CBRE - Detroit
Investment Insights
Based on property information with market context.
This retail storefront at 31010 John R Rd in Madison Heights, Michigan, was comprehensively renovated from its former CVS configuration for Goodwill Industries of Greater Detroit. The completed conversion follows Goodwill’s prototype format and opened to shoppers and donors on July 11th, 2024.
The property occupies an outlot to Sam’s Club at the northeast corner of 13 Mile and John R Roads. Goodwill entered into a 15-year absolute triple-net lease, providing a defined long-term occupancy structure for the retail building. The offering includes the 100% fee interest in the property.
The property occupies an outlot to Sam’s Club at the northeast corner of 13 Mile and John R Roads. Goodwill entered into a 15-year absolute triple-net lease, providing a defined long-term occupancy structure for the retail building. The offering includes the 100% fee interest in the property.
Key Highlights
- Goodwill Industries of Greater Detroit retail store
- 15‑year absolute triple‑net (NNN) lease
- Complete renovation from former CVS use
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
640
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Similar Off Market Nearby
- Sam's Club Floral — 31020 John R Rd, Madison Heights, MI 48071
Frequently Asked Questions
What type of property is this?
Storefront property - Fully renovated retail space occupied by Goodwill under a 15-year absolute NNN lease.
Where is this storefront property located?
The property is located at 31010 John R Rd Madison Heights, MI.
What are key features of this property?
This property features: Goodwill Industries of Greater Detroit retail store; 15‑year absolute triple‑net (NNN) lease; Complete renovation from former CVS use
