Prime Commercial Building on
For Lease
Contact for pricing
530 S Monroe Street Unit 534, Monroe, MI 48161
2,560 SF commercial space on a high-traffic corridor.
Property Size2,560 SF
Days on Market72
Property Features for 530 S Monroe Street Unit 534
General Information
Standard status
Active
Size
2,560 SF
Property subtype
Retail
Building Details
Year Built
1954
Listing Agency:
Signature Associates Toledo
Listed By:
Thomas Fritz · License #6506045434
Source:
Crexi
Added: May 22
Changed: Jul 10
Last Checked: May 27 at 7:49AM
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 Signature Associates Toledo
Investment Insights
Based on property information with market context.
This 2,560-square-foot commercial building space is located on a heavily traveled commercial corridor. Previously a Verizon Wireless retail store, the property is a modern, turnkey asset suitable for retail, medical, or professional office uses. The architectural design includes extensive storefront glass window wrapping, providing natural light and high visibility. The interior features an adaptable, open-concept floor plan designed to optimize customer flow and maximize merchandising or client interaction space. The front showroom transitions into a back-of-house area, which includes dedicated storage, a private manager's office or breakroom, and staff restrooms. The space is equipped with up-to-date electrical, mechanical, and data infrastructure. The property delivers the operational benefits of a standalone building, free from the restrictions, shared fees, and congestion of multi-tenant strip centers. Clients and staff will have access to dedicated, paved parking with ingress and egress points directly along South Monroe Street. Building facade space and a dedicated pylon sign provide brand visibility. The property is situated within a robust economic hub surrounded by established national brands, local retailers, and a dense residential base.
Key Highlights
- High‑profile location on a heavily traveled commercial corridor.
- Turnkey asset requiring minimal capital expenditure.
- Extensive storefront glass providing natural light and high visibility.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
931
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Monroe, MI
$9.9 /SF/Yr
Avg Asking Price
$5.39–$13 /SF/Yr
Price Range
20,114 SF
Avg Space Size
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 2,560 SF commercial space on a high-traffic corridor.
Where is this retail space located?
The property is located at 530 S Monroe Street Unit 534 Monroe, MI.
What are key features of this property?
This property features: High‑profile location on a heavily traveled commercial corridor.; Turnkey asset requiring minimal capital expenditure.; Extensive storefront glass providing natural light and **high visibility**.
