Retail Business for Sale in Madison Heights, MI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Madison Heights, MI 48071

Description

The Subject property consists of a 26,595 square foot building currently leased to the State of Michigan, Department of Health and Human Services. The subject property was constructed circa 1990 (per property records) and offers the opportunity for an investor to acquire an asset with superior cash flow, at a compelling intrinsic value of only $137 per square foot. Madison Heights is a well-established inner-ring suburb of Metro Detroit, positioned in southern Oakland County, one of Michigan’s most affluent and economically diverse counties. The city benefits from exceptional regional accessibility, located at the convergence of two of Southeast Michigan’s most critical transportation corridors, Interstate 75 and Interstate 696, providing direct connectivity to Downtown Detroit, Troy, Royal Oak, and the broader Detroit metropolitan area. Investment Highlights: • Superior cash flow with 9.42% CAP rate as of 1/1/2027. • Newer 1990 construction on spacious parcel • Strong Guarantee from State of Michigan with in-demand Department of Health & Human Services as tenant that is heavily utilized by local population.

Market Context

This retail in Madison Heights, MI is listed for sale. It is offered at an approximate 9.4% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 53 days. Compare it against other retail listings for sale in Madison Heights, MI — <a href="/search/sale/retail/michigan/madison-heights">view the full market</a>.

Contact

Explore this market

Similar Retail Business for Sale in Madison Heights, MI