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