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Neighborhood Retail Space
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205-255 N Telegraph, Monroe, MI 48162

Retail space supports office and medical uses within an established neighborhood shopping center.

Space SizeContact for details
Days on Market160

Property Features for 205-255 N Telegraph

General Information

Standard status Active
Property subtype Retail

Additional Details

Road Access Yes
Listing Agency: CMP Real Estate Group
Listed By: Noah Thomas · License #MI6505340526
Source: Cpix.resimplifi
Added: Mar 24 Changed: Aug 30 Last Checked: Aug 30 at 5:09AM

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 CMP Real Estate Group

Investment Insights

Based on property information with market context.

Retail space is available within a neighborhood shopping center serving retail, office, and medical users. The property includes an outlot with a proposed drive-through, providing an additional format for commercial occupancy.

The center is positioned along N Telegraph in Monroe, Michigan, with direct access to Telegraph Rd and reported traffic exceeding 23,000 vehicles per day. Family Farm & Home and Goodwill are identified among the center’s national retail users, contributing to an established retail setting.

Key Highlights

  • Retail, office, and medical use potential
  • Located along Telegraph Rd in Monroe, MI
  • 23,000+ VPD reported on Telegraph Rd

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Daycare Center Storage Facility Electrical 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.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

360
Businesses Nearby

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

$14.37 /SF/Yr
Avg Asking Price
$5.39–$38 /SF/Yr
Price Range
12,721 SF
Avg Space Size

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?
Retail space - Retail space supports office and medical uses within an established neighborhood shopping center.
Where is this retail space located?
The property is located at 205-255 N Telegraph Monroe, MI.
What are key features of this property?
This property features: Retail, office, and medical use potential; Located along Telegraph Rd in Monroe, MI; 23,000+ VPD reported on Telegraph Rd
More about this property
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