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Retail Suite on Telegraph Road
New
For Lease
$1,300/Mo

1066 Telegraph Road, Monroe, MI 48161

The 1986-built space has a ceramic tile floor and sits within a retail center that includes Monroe Grill Restaurant.

Space SizeContact for details
Property Size1,219 SF
Days on Market5

Property Features for 1066 Telegraph Road

General Information

Standard status Active
Size 1,219 SF

Additional Details

Anchor Co-Tenants Monroe Grill Restaurant

Amenities

ceramic tiled floor

Building Details

Building Size 1,219 SF
Year Built 1986
Tenancy Multi
Listing Agency: Century 21 Allstar Real Estate Team, Inc
Listed By: Carrie Cartwright · License #6502130142
Source: Buskardgroup
Added: Oct 19 Changed: Oct 22 Last Checked: Oct 22 at 2:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Allstar Real Estate Team, Inc

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Investment Insights

Based on property information with market context.

This 1,219-square-foot retail suite was built in 1986 and has ceramic tile flooring. Its previous use was as a hair salon, and the space is offered for rent.

The property is on Telegraph Road in Monroe, Michigan, in an area described as having high traffic. Monroe Grill Restaurant is located in the same mall.

Key Highlights

  • 1,219 square feet of retail space
  • Ceramic tile flooring
  • Previously used as a hair salon

Property Analytics

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Open Analytics

Current Use

Hair Graphics Hair Salon

Suggested Use

Top Pick Law Firm Restaurant Building Supply Dental Office Big Box & Wholesale Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.92 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

341
Businesses Nearby

Demographics for 48161, MI

26,571
Population
12,015
Households
2.2
Avg Household Size
40
Median Age
19%
College-Educated
89%
High-School Grad
44.8 sq mi
ZIP Area
593
Density / Sq Mi
$65,517
Median Household Income
$40,184
Median Earnings
$955
Median Rent
$173,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Monroe, MI

$16.93 /SF/Yr
Avg Asking Price
$8.5–$38 /SF/Yr
Price Range
11,868 SF
Avg Space Size

This space is priced 24% below the average of $16.93 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The 1986-built space has a ceramic tile floor and sits within a retail center that includes Monroe Grill Restaurant.
Where is this retail space located?
The property is located at 1066 Telegraph Road Monroe, MI.
What is the lease rate?
The lease rate is $1,300/Mo.
What are key features of this property?
This property features: 1,219 square feet of retail space; Ceramic tile flooring; Previously used as a hair salon
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