32150 John R Rd | Madison Heights, MI 48071
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32150 John R Rd
Madison Heights, MI 48071
FedEx Office · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- NN Lease with Minimal Landlord Responsibilities - Tenant Pays Taxes Directly and Reimburses CAM &Insurance to Landlord
- Located on Heavily Traveled John R. Road
- Excellent Visibility with Frontage on John R Road | Large Pylon Sign Increases Visibility From Road
- Positioned Along a Strong Retail Corridor | Adjacent From Madison Place Center Which Features Target,Big Lots, Dollar Tree, Party City and Many More
- Low Rent PSF of $13.70 | Easily Replaceable Rents
- Tenant has Occupied the Location since 1999 and has Renewed Several Times Since their Initial Lease
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
B
Year Built
1984
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.80 AC
Zoning
BI
Parking
45 Spaces (5.82 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 25-01-155-025 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $428,650 |
PROPERTY TAXES
Parcel Number
25-01-155-025
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$428,650
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