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Retail Space for Lease
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32600 John R Rd, Madison Heights, MI 48071

Available 4,570 SF retail space on 0.37 acres near major retailers including Target and Meijer.

Space Size4,570 SF
Lot Size0.37 Acres
Days on Market113

Property Features for 32600 John R Rd

General Information

Standard status Active
Size 4,570 SF
Lot size 0.37 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 32600 John R Rd
32600 John R Rd $18/SF/Yr
Floor Bldg
Size 4,570 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- 4,570 SF Retail Space For Lease - Situated on 0.37 Acres - Located Near Many Retailers Including: Meijer, Best Buy, Dollar Tree, Target and Many More.
Contact us
Listing Agency: NAI Farbman - Corporate
Listed By: Ron Goldstone · License #6502102638
Source: Moodyscre
Added: Jul 2 Changed: Oct 1 Last Checked: Oct 20 at 8:22PM

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

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Investment Insights

Based on property information with market context.

This listing offers approximately 4,570 SF of retail space available for lease, situated on about 0.37 acres. The property is positioned to serve everyday consumer needs given its established retail surroundings.

The retail center is located near major retailers including Meijer, Best Buy, Dollar Tree, and Target, placing it among a concentration of shopping destinations.

For leasing inquiries, prospective tenants and brokers can coordinate directly regarding availability and leasing terms.

Key Highlights

  • 4,570 SF retail space available for lease
  • Set on 0.37 acres
  • Located near major retailers including Meijer, Best Buy, Dollar Tree, and Target

Property Analytics

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Current Use

AS Medical Group ... Medical Clinic Maxem Health Urgent ... Medical Clinic Ali Shukr Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Storage Facility Garden Center Parking Lot & Garage

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

955
Businesses Nearby
379k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 36% Shops & Services 25% Electronics 19% Dining 17%
Kohl's Apparel
79,986 visits/mo 0.5 miles
Micro Center Electronics
60,568 visits/mo 0.5 miles
T.J. Maxx Apparel
56,794 visits/mo 0.3 miles
Michaels Shops & Services
43,159 visits/mo 0.3 miles
Barnes & Noble Shops & Services
41,339 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Madison Heights, MI

$15.16 /SF/Yr
Avg Asking Price
$10.71–$21.6 /SF/Yr
Price Range
6,692 SF
Avg Space Size

This space is priced 19% above the average of $15.16 /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

Frequently Asked Questions

What type of property is this?
Retail space - Available 4,570 SF retail space on 0.37 acres near major retailers including Target and Meijer.
Where is this retail space located?
The property is located at 32600 John R Rd Madison Heights, MI.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 4,570 SF retail space available for lease; Set on 0.37 acres; Located near major retailers including Meijer, Best Buy, Dollar Tree, and Target
(248) 351-4371 Call to check price and availability
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