Multi-Tenant Retail

Strong Demographics & Long Term Tenancy | Signalized Hard Corner Location with 38,900+ VPD

29048-29098 North Campbell Road, Madison Heights, MI

Listing Price: $5,500,000

Click To Access Offering Memorandum
  • Cap Rate7.80%
  • Building SF38,000
  • Price/SF$144.74
  • Year Built / Renovated1994

Investment Highlights

Key Property Highlights

  • Fully Occupied 38,000 SF Neighborhood Retail Center
  • Signalized Hard‑Corner Location | 38,900+ VPD
  • Positioned Within a Dense 5‑Mile Trade Area Featuring ~27.7 Million SF of Retail Inventory
  • Anchored by Family Dollar | 29% of GLA | 16+ Years of Tenure
  • Shadow‑Anchored by Hollywood Market, Supporting Strong Neighborhood Traffic
  • Located Within an Established Employment Corridor | 1,300+ Nearby Businesses
  • Immediate Access to I‑75 & I‑696 for Regional Connectivity
  • Strong Trade Area Demographics | 333,000+ Residents Within 5 Miles
  • Five‑Mile Daytime Population Exceeding 415,000

Additional Highlights

  • Surrounded by Major National Retailers Including Kroger, BJ’s Wholesale, Meijer, Home Depot, Lowe’s, Target, Best Buy, Walmart, Kohl’s, and More
  • Adjacent to Royal Oak Retail Market, One of Metro Detroit’s Most Dynamic Corridors
  • Infill Location With Limited New Supply, Supporting Long‑Term Stability
  • Located in a Highly Populated Area With Strong Demographics and Consistent Consumer Demand
  • Prime Inner‑Ring Suburban Location Offering Durable Retail Demand & Long‑Term Tenant Performance
  • Less Than 1 Mile From I‑75, Providing Excellent Accessibility
Lead Agent

Darin Gross

Senior Director Investments

Lic: MI 6501384871

Seth Haron

Managing Director Investments

Lic: MI 6501373006

Ashish Vakhariya

Senior Managing Director Investments

Lic: MI 6501322501

Michigan Broker of Record | Paul Kerber | Two Towne Square, Ste 450 Southfield, MI 48076 | (248) 415-2600 | Lic #: 6502433613