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    1401 Fourteen Mile Rd Madison Heights, MI 48071

    For Lease
    Contact for pricing

    Madison Heights retail center; multiple suites available.

    Lot size:
    105,697 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Campbell Corners Shopping Center, located at 1401-1495 W 14 Mile Rd in Madison Heights, Oakland County, offers exceptional retail and restaurant opportunities. This bustling center boasts 105,697 square feet across two buildings situated on 10 acres of land. The property features 470 parking spaces, providing ample convenience for customers. Currently, 11,339 square feet of space is available, with minimum divisible units of 1,005 square feet and a maximum contiguous space of 6,000 square feet. Built in 1977, the center benefits from excellent visibility and accessibility at the intersection of 14 Mile and Campbell Roads, offering easy access to I-75. Strong demographics and high traffic counts make this an ideal location. The center is anchored by prominent tenants including Value Center Marketplace, Powerhouse Gym, DMC, and Outback Steakhouse, further enhancing its appeal and drawing significant foot traffic. The presence of a new Dunkin' Donuts drive-thru adds to the center's vibrancy and convenience. This property is situated within the Clawson, Troy, Centerline submarket cluster, offering proximity to Oakland Mall and numerous national retailers. No elevators are present on the property.

    Property Features for 1401 Fourteen Mile Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    105,697 SF

    Building Details

    Year Built
    1977
    Buildings
    2

    Unit(s) available at that property

    Space
    1491 W 14 Mile Road
    Size
    6,000 SF
    Space
    1465 W 14 Mile Road
    Size
    4,800 SF

    HighLights

    • 105,697 SF retail/restaurant property with 11,339 SF vacant space available.
    • Multiple tenants in two buildings on a 10‑acre site.
    • Minimum divisible space of 1,005 SF, maximum contiguous space of 6,000 SF.
    • Located in Madison Heights, Oakland County, near I‑75, Oakland Mall, and major retailers.
    • 470 parking spaces; no elevators.
    • Excellent visibility and access at 14 Mile and Campbell Roads.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madison Heights
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1249404
    Latitude
    42.5325015

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    FAQs

    What type of property is this?
    Restaurant - Madison Heights retail center; multiple suites available.
    Where is this restaurant located?
    The property is located at 1401 Fourteen Mile Rd Madison Heights, MI.
    What are key features of this property?
    This property features: 105,697 SF retail/restaurant property with 11,339 SF vacant space available.; Multiple tenants in two buildings on a 10-acre site.; Minimum divisible space of 1,005 SF, maximum contiguous space of 6,000 SF.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1401 Fourteen Mile Rd Madison Heights, MI 48071
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