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    321 S Telegraph Rd Monroe, MI 48161

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    For Lease
    $12 SF/Yr ($2,300 /Mo)

    Retail space for lease in community shopping center.

    Property size:
    2,300 SF
    Lot size:
    3.94 Acres

    Property Features for 321 S Telegraph Rd

    General Information

    Size
    2,300 SF
    Lot size
    3.94 Acres

    Source: Reichle | Klein Group Agent Ryan Miller

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Riverbend Commons

    Located 17 miles north of Toledo, Ohio, Riverbend Commons is a community shopping center with retail space available for lease. The property is situated at the northeast corner of S. Telegraph Road and Front Street, offering excellent exposure with daily traffic exceeding 60,000 vehicles per day. Current tenants include Subway, CosmoProf, H & R Block, Check N' Go, American Family Diner, Little Caesars, Modern Nails, Fantastic Sams, a Thai Restaurant, Health Food Center, Mercy Memorial Hospital Rehabilitation Center, Swanson Orthotic & Prosthetic Center, Blu Water Spa and 360 Digilab. A proposed build-to-suit or ground lease option is available on Telegraph Road and Front Street outlots, ranging from 1,500 to 4,000 square feet. The available retail space is 2,300 square feet.
    Location Intelligence

    Current Use by Public Records

    H&R Block Tax Preparation Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.4149576
    Latitude
    41.9214543

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    FAQs

    What type of property is this?
    Shopping center - Retail space for lease in community shopping center.
    Where is this shopping center located?
    The property is located at 321 S Telegraph Rd Monroe, MI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - High traffic location: Over 60,000 vehicles per day.; - Excellent exposure at the corner of S. Telegraph Road and Front Street.; - Located in Riverbend Commons community shopping center.
    (419) 861-1100
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    321 S Telegraph Rd Monroe, MI 48161
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    Monroe, MI 48161
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    321 S Telegraph Rd Monroe, MI 48161
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