Madison Center
NOI: $1,062,780 | Long-Term Lease with Amazon Credit | WALT = 9+ Years
Marketing description
Landmark Investment Sales is pleased to present Madison Center, a well-located retail center in Madison Heights, Michigan, anchored by a high-performing Asian grocer subleased from Amazon, with Amazon remaining on the master lease through 2039. The property is positioned at the signalized intersection of 12 Mile Road and John R Road, offering immediate access to I-75 and benefiting from strong surrounding demographics, including an average household income of $106,000 within a three-mile radius.
Madison Center features tenants such as the U.S. Post Office and Acorn Health and is shadow anchored by BJ’s Wholesale Club. The center’s diversified, daily-needs-oriented tenant mix, coupled with long in-place lease terms, provides durable income stability and meaningful downside protection for investors.
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