Madison Center

Location: Madison Heights, MI
Type: Retail
Price: $ 7,000,000

Madison Center is a 227,088 SF retail property located in Madison Heights, Michigan just off of Interstate 75. The Property is anchored by a K-Mart Super Center that has been in occupancy since 1971, and includes 77,258 SF of in-line retail space and a ground lease to Texas Roadhouse. The Property has frontage on John R Road and West Twelve Mile Road, a highly developed commercial and residential area with traffic counts of 40,000 VPD. SMC provided acquisition financing for the sponsor’s purchase of the Property via an Auction.com sale.