2784 N Monroe St Monroe, MI 48162
1296 sq ft retail space with great visibility.
Property Features for 2784 N Monroe St
General Information
- Standard status
- Active
- Size
- 1,296 SF
- Lot size
- 1.00 Acre
- Property subtype
- Commercial
Building Details
- Year Built
- 1975
Listing office Century 21 Allstar Real Estate (734) 777-8045
Listing date Mar 10, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
Key Highlights
- Great location and visibility
- 1296 sq ft of space
- Fenced area available
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.4k | $15.00 |
| − Vacancy | −$1.7k | −$1.28 |
| EGI | $17.8k | $13.73 |
| − OpEx | −$5.3k | −$4.12 |
| NOI | $12.5k | $9.61 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
Similar Off Market Nearby
- North Monroe Floral Boutique — 602 N Monroe St, Monroe, MI 48162
