Medical Office Building
For Lease
$10 SF/Yr
1180 N Monroe St, Monroe, MI 48162
Single-story medical office building in Monroe, Michigan available for lease/sale.
Space SizeContact for details
Lot Size6.32 Acres
Days on Market165
Property Features for 1180 N Monroe St
General Information
Standard status
Active
Lot size
6.32 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$70,000
Building Details
Year Built
1995
Listing Agency:
Coldwell Banker Commercial Haynes Real Estate
(734) 624-4923
Listed By:
Cole McNew · License #6506045434
(734) 624-4923
Source:
Elliman
Added: Mar 10
Changed: Aug 17
Last Checked: Aug 20 at 9:07AM
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 Coldwell Banker Commercial Haynes Real Estate
Investment Insights
Based on property information with market context.
This single-story medical office building, constructed in two phases in 1995 and 2007, offers 15,662 square feet of space on a 6.32-acre parcel in Monroe, Michigan. The vacant building, rectangular in shape, is accessible from Monroe Street to the west, near Cole Road. A single access point on Monroe Street provides ingress and egress. Open paved parking lots are located on the south, east, and west sides of the building. The construction features concrete spread footings and a slab-on-grade substructure, with wood-framed superstructure. Cellar foundation walls are constructed of CMU. The exterior consists of brick and vinyl siding, while the roofing is asphalt shingles with gutters and leaders for drainage. Heating and air conditioning are provided by split systems with natural gas-fired furnaces. Two gas-fired water heaters supply domestic hot water. Electrical service is provided via a 208/120-V, 3-phase service from a pad-mounted transformer. The building is equipped with a wet-pipe sprinkler system for fire protection. As a single-story structure, it has no vertical transportation. The property is generally in good condition, with no apparent major structural or mechanical distress observed. Minimal wear and tear is evident, indicating an adequate level of preventive maintenance. This property is available for lease or sale.
Key Highlights
- Large, vacant 15,662 SF medical office building suitable for immediate occupancy or redevelopment.
- Substantial 6.32‑acre parcel offering ample space and potential for expansion.
- Located in Monroe, Michigan, with accessibility from Monroe Street.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
581
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48162, MI
29,156
Population
12,698
Households
2.3
Avg Household Size
43
Median Age
24%
College-Educated
91%
High-School Grad
57.5 sq mi
ZIP Area
507
Density / Sq Mi
$68,801
Median Household Income
$41,678
Median Earnings
$912
Median Rent
$192,200
Median Home Value
Market
Lease Benchmarks for Monroe, MI
$12.46 /SF/Yr
Avg Asking Price
$10–$16.7 /SF/Yr
Price Range
9,491 SF
Avg Space Size
This space is priced 20% below the average of $12.46 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical Office Space - Single-story medical office building in Monroe, Michigan available for lease/sale.
Where is this medical office space located?
The property is located at 1180 N Monroe St Monroe, MI.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Large, vacant 15,662 SF medical office building suitable for immediate occupancy or redevelopment.; Substantial 6.32‑acre parcel offering ample space and potential for expansion.; Located in Monroe, Michigan, with accessibility from Monroe Street.
