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Retail Space in Riverbend Commons
For Lease
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321 S Telegraph Rd, Monroe, MI

Retail space for lease in community shopping center.

Property Size2,300 SF
Lot Size3.94 Acres
Days on Market673

Property Features for 321 S Telegraph Rd

General Information

Standard status Active
Size 2,300 SF
Lot size 3.94 Acres
Property subtype RETAIL
Listing Agency: Reichle | Klein Group
Listed By: Joe Belinske · License #0000320016
Source: Moodyscre
Added: Sep 26, 2024 Changed: Jul 10 Last Checked: Jul 21 at 6:39AM

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 Reichle | Klein Group

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

H&R Block Tax Preparation

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Dental Office Restaurant Real Estate Agency Storage Facility

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

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby
Well-served
Demand for This Use

Market

Vacancy Rate% for Retail in Midwest region

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

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) 794-3961 Call to check price and availability
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