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NNN Convenience Retail Store
For Sale
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123 Plum Grove Dr, Monroe, MI 48161

For-sale NNN specialty retail asset in the Detroit MSA, marketed at a 6.35% cap rate.

Property SizeContact for details
Days on Market110

Property Features for 123 Plum Grove Dr

General Information

Standard status Active
Property subtype Retail

Additional Details

Cap Rate 6.35%
Listing Agency: The Boulder Group
Listed By: Jimmy Goodman · License #IL 471007006
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Jul 23 at 2:06PM

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 The Boulder Group

Investment Insights

Based on property information with market context.

This for-sale NNN specialty retail property is marketed in the Detroit MSA, with underwriting presented at a 6.35% cap rate. The offering is categorized as a grocery and convenience store type within the NNN property segment.

The property is located at 123 Plum Grove Dr in Monroe, Michigan 48161.

Additional building specifications, unit configuration, and tenant details were not provided with the information available.

Key Highlights

  • For‑sale NNN specialty retail asset in the Detroit MSA
  • Marketed at a 6.35% cap rate

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant HVAC Service Pharmacy Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

20
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

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
NNN property - For-sale NNN specialty retail asset in the Detroit MSA, marketed at a 6.35% cap rate.
Where is this nnn property located?
The property is located at 123 Plum Grove Dr Monroe, MI.
What are key features of this property?
This property features: For‑sale NNN specialty retail asset in the Detroit MSA; Marketed at a 6.35% cap rate
(888) 737-2264 Call to check price and availability
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