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27117-27137 John R Rd
Madison Heights, MI 48071

Save-A-Lot Anchored Center · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
20,543 SF
Building Class
B
Year Built
1959
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
1.09 AC
Zoning
B-3, General Business
Parking
65 Spaces (3.16 Spaces per 1,000 SF Leased)
Frontage
524 FT on John R Rd

Amenities

  • Bus Line
  • Signage

About 27117-27137 John R Rd , Madison Heights, MI 48071

The Jonna Group of Marcus & Millichap is pleased to present the exclusive listing for a 20,370-square foot Corporate Save-A-Lot & Rent-A-Center located in Madison Heights, Michigan. The center is over 100% occupied and located on the busy signalized hard corner of W Eleven Mile and John R Rd. The corporate Save-A-Lot operates under a triple-net lease with over 3 years remaining that includes (5) 5 year options. The center is located in the core retail market with retailers in the immediate vicinity such as Kroger, Burlington, Marshall’s, CVS Pharmacy, Walgreens, Advance Auto Parts, 7-Eleven, Tim Horton’s, Jet’s Pizza, Taco Bell, Domino’s Pizza, Subway and many more. The subject property is located in Madison Heights, Michigan, a city in Oakland County, one of the wealthiest counties in the nation. Madison Heights is part of Oakland County's Automation Alley. There are more than 1,300 commercial and industrial businesses and services within the city's 7.2 square miles, and the city is proud to have a majority of small businesses, as well as more than 100 major companies within its borders, such as Best Buy, Coca-Cola, Commercial Steel Treating Corporation, Costco, CVS Pharmacy, Henkel Technologies, Home Depot, Meijer, Micro Center, Ogura Corporation, Sam's Club, Hungry Howie's, Target, UPS, WOW!, Culver's and Sears. The city has 23 shopping centers, 11 hotels, more than 860,000 square feet of office space, and seven industrial parks that include 10,000,000 square feet.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-14-483-035
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,110
  • Listing ID: 10811298

  • Date on Market: 11/30/2017

  • Last Updated:

  • Address: 27117-27137 John R Rd, Madison Heights, MI 48071

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