Building Details:
• Year Built: 1962
Madison Center is located at 29101-29501 N. John R Road in Madison Heights, Oakland County, Michigan. This asset is being sold As Is/Where Is with No Set Asking Price - price to be determined by the market.
Madison Center is a ± 227,088 SF retail center anchored by a Super Kmart. The center was originally built in 1965 and renovated in 2000 when Kmart expanded its space at the site into a 24-hour superstore. Kmart has been a tenant at this location for over 40 years.
Madison Center’s occupancy is currently 97% with major tenants which include the Super Kmart, CW Price, Rainbow Shops, Ross Medical Education Center, the US Postal Service, Texas Roadhouse, and Dollar Palace.
Located in a highly-developed and densely-populated residential and commercial area, the 40.10-acre site sits at the northwest corner of John R Road and 12 Mile Road in the midst of the area's retail corridor just a quarter mile from the I-75 and 12 Mile Road interchange.
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