31075 John R Rd

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31075 John R Rd

madison-heights, MI 48071
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

31075 John R Road is situated in a high-traffic retail corridor in Madison Heights, Michigan, positioned just south of the 13 Mile Road intersection. The surrounding neighborhood is characterized by a dense mix of national retailers, local businesses, and established residential communities. This location offers immediate access to major transit routes, including I-75 and I-696, facilitating regional connectivity. Nearby amenities include the Oakland Mall, various casual dining options, and large-scale shopping centers that drive consistent consumer vehicle counts to the immediate area. The property is well-suited for a variety of retail applications, including specialty boutiques, service-oriented businesses, or small-scale showrooms. The layout and regional positioning align with the needs of tenants such as cellular providers, insurance agencies, or fitness studios seeking high visibility and ease of access. Its location within a commercial hub makes it an ideal fit for established franchises or independent operators looking to leverage the existing local consumer base and the high volume of daily commuters frequenting the John R Road thoroughfare.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times