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

Marcus & Millichap is pleased to present a corporate-guaranteed McDonald’s at 32811 Stephenson Highway in Madison Heights, MI, a prime retail corridor within the Detroit MSA.? The property delivers stable, passive income backed by McDonald’s Corporation and benefits from +5 years of remaining primary term with a scheduled 5% rent increase on 11/1/2026.? The site is a long-operating, legacy McDonald’s featuring a double drive-thru, strong traffic exposure, and direct access from both major cross streets.? Strategically positioned along Stephenson Highway, a major north–south commercial artery with connectivity to Interstate 75, the property sits within a dense, established suburban trade area supported by strong population density, high household incomes, and a large daytime employment base.? The corridor is anchored by national retailers, hotels, automotive uses, and service-oriented businesses that generate consistent consumer activity and reinforce long-term tenant performance.? Originally developed in 1998 and renovated in 2012, the site demonstrates durable operational history and long-term brand commitment.? With a replaceable rent structure, corporate credit, and proximity to major regional retail nodes—including Oakland Mall and multiple national big-box centers—the asset offers investors a high-quality net-lease opportunity in one of Metro Detroit’s most active commercial corridors.? Investment Highlights: • ?Longstanding Historical Location • ?Upcoming 5% Rent Increase on 11/1/2026 • ?High-Performing McDonald's Site • ?Prime Detroit MSA Retail Corridor Location • ?Surrounded by Major Development Momentum

Market Context

This retail in Madison Heights, MI is listed for sale. It is offered at an approximate 4.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 39 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>.

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