New Retail Center End
For Lease
$8,234/Mo
1229 Holiday Blvd 1229, Monroe, MI 48162
Shell space in modern retail center, suitable for various uses.
Space SizeContact for details
Property Size2,600 SF
Lot Size1.47 Acres
Days on Market138
Property Features for 1229 Holiday Blvd 1229
General Information
Standard status
Active
Size
2,600 SF
Lot size
1.47 Acres
Property subtype
Commercial
Building Details
Building Size
2,600 SF
Year Built
2024
Units
5
Listing Agency:
Carol Bollo & Associates
(734) 818-9438
Listed By:
Joe Gruber
(734) 818-9438
Source:
Elliman
Added: Mar 24
Changed: Aug 8
Last Checked: Aug 8 at 6:27AM
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 Carol Bollo & Associates
Investment Insights
Based on property information with market context.
The property offers approximately 2,600 square feet of shell space, situated as an end cap within a newly constructed, modern retail center. The space includes existing rooftop HVAC and an underground grease detention system, and it provides the possibility for an outdoor patio or cafe. It is suitable for full-service restaurants or other retail applications. This is the last available unit in the retail center. The Squire Retail Center is located at 1229 Holiday Boulevard, Monroe, Michigan. The building is of new, high-quality construction. The Squire Retail Center is an optimal location for a variety of commercial, retail, restaurant, professional office, medical, and service-based users. The property is located within a federal Opportunity Zone on the former site of the La-Z-Boy headquarters. The site has undergone a major redevelopment anchored by a new Aldi grocery store that opened July 2024, along with several other national users such as Chipotle, Five Guys, SVS Vision, and Dairy Queen. Squire Retail Center is abutted by new market rate luxury ranch apartments and surrounded by additional mixed-use, commercial and residential development opportunities.
Key Highlights
- Last available unit in a 100% occupied, new construction retail center.
- Located in a high‑growth area with significant investment and development, including new luxury apartments.
- Anchored by a new Aldi grocery store and national tenants like Chipotle and Five Guys.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
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
$10.34 /SF/Yr
Avg Asking Price
$5.39–$13 /SF/Yr
Price Range
15,981 SF
Avg Space Size
This space is priced 268% above the average of $10.34 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Shell space in modern retail center, suitable for various uses.
Where is this retail space located?
The property is located at 1229 Holiday Blvd 1229 Monroe, MI.
What is the lease rate?
The lease rate is $8,234/Mo.
What are key features of this property?
This property features: Last available unit in a 100% occupied, new construction retail center.; Located in a high‑growth area with significant investment and development, including new luxury apartments.; Anchored by a new Aldi grocery store and national tenants like Chipotle and Five Guys.
