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Industrial Flex Building with Office

2520 N Telegraph Road Monroe, MI 48162

2520 N Telegraph Road, Monroe, MI, 48162
$749,000
For Sale
$749,000

Flex building offers heated warehouse space plus heated and air-conditioned office space with immediate occupancy available.

Property Size6,600 SF
Price / SF$113.48
Days on Market263

Property Features for 2520 N Telegraph Road

General Information

Standard status
Active
Size
6,600 SF
Property subtype
Commercial

Building Details

Year Built
1970
Listing agency Internet Real Estate, Inc
Listed by Alex Safadi · License #6501248553
Source Sabudarealty
Added: Nov 2, 2025 Updated: Jul 22 at 11:35AM Checked: Jul 22 at 11:35AM

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 Internet Real Estate, Inc


Investment Insights

Based on property information with market context.

This industrial flex building is available for immediate occupancy and includes a total building area of 6,600 square feet. The layout provides approximately 4,600 square feet of heated warehouse space and an additional 2,000 square feet of heated and air-conditioned office space. The facility includes two restrooms and four truck loading docks, supporting both operational and customer-facing uses.

The property features 130 feet of frontage on N. Telegraph and sits on 1.61 acres. It is described as having easy access to I-75 and I-275, and it is positioned adjacent to a Tractor Supply store.

The mix of warehouse and office space makes the building well-suited for a variety of commercial and logistics-oriented operations, including office, retail, and service-oriented businesses.

Key Highlights

  • 6,600 SF flex building built in 1970 with immediate occupancy available
  • 1.61‑acre site with 130 ft of frontage on N. Telegraph and easy access to I‑75 and I‑275
  • Includes 4,600 SF heated warehouse space and 2,000 SF heated, air‑conditioned office space

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $99.0k $15.00
− Vacancy −$8.4k −$1.28
EGI $90.6k $13.73
− OpEx −$27.2k −$4.12
NOI $63.4k $9.61
6,600 SF · lease $15.00/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Warehouse
$6.81M
$5.96M – $7.94M (±1% cap)
NOI $476,494 @ 7.0% cap · market cap 63.62%
Second Best
Industrial
$5.61M
$4.91M – $6.54M (±1% cap)
NOI $392,407 @ 7.0% cap · market cap 52.39%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Law Firm Real Estate Agency Electrical Service Hair Salon Building Supply Grocery & Convenience Store Skin Care Clinic Storage Facility (Bike/Boat/Book/etc) Store Plumbing Service

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

FAQs

What type of property is this?
Flex space - Flex building offers heated warehouse space plus heated and air-conditioned office space with immediate occupancy available.
Where is this flex space located?
The property is located at 2520 N Telegraph Road Monroe, MI.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 6,600 SF flex building built in 1970 with immediate occupancy available; 1.61‑acre site with 130 ft of frontage on N. Telegraph and easy access to I‑75 and I‑275; Includes 4,600 SF heated warehouse space and 2,000 SF heated, air‑conditioned office space
Contact an agent
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