Search
Updated Retail Space
For Lease
$12 SF/Yr

8198 N Dixie Highway, Monroe, MI 48166

Recently updated plaza space accommodates retail, restaurant, and service businesses under a gross lease.

Space Size1,000 SF - 2,000 SF
Days on Market41

Property Features for 8198 N Dixie Highway

General Information

Standard status Active
Size 1,000 SF - 2,000 SF
Net Rentable 1,000 SF
Zoning Commercial
Lease Type Gross

Space & Availability

Available Space 1,000-2,000 SF
Contiguous Space 2,000 SF

Additional Details

Traffic Count 4,200 vehicles/day

Building Details

Building Size 1,000 SF
Year Built 2002
Tenancy Multi
Listing Agency: Coldwell Banker Haynes R.E. in Monroe
Listed By: Cole McNew · License #6501447424
Source: Erareardonrealty
Added: Jul 21 Changed: Aug 30 Last Checked: Aug 30 at 4:24AM

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 Coldwell Banker Haynes R.E. in Monroe

Investment Insights

Based on property information with market context.

Recently updated space is available in a 2000 SF configuration or as two separate 1000 SF units within a strip center. The property is suited to retail, restaurant, and service-oriented businesses, with a gross lease structure and no tenant-paid taxes stated.

The center shares space with a convenience store and sits adjacent to Fermi III. Average daily traffic is reported at 4200 cars along N Dixie Highway, providing a defined commercial setting for customer-facing operations. The building was constructed in 2002.

Key Highlights

  • Choice of one 2000 SF unit or two 1000 SF units
  • Recently updated plaza space
  • Gross lease structure with no tenant‑paid taxes stated

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Hair Salon HVAC Service Pharmacy Auto Repair Shop Gym & Fitness Center

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

4,200 VPD
Traffic count
Multi-tenant
Tenancy
Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

101
Businesses Nearby
36k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 59% Shops & Services 38% Dining 3%
Kroger Groceries
21,270 visits/mo 0.1 miles
Kroger Fuel Center Shops & Services
8,476 visits/mo 0.1 miles
Family Dollar Shops & Services
5,440 visits/mo 0.2 miles
Buscemi's Dining
1,106 visits/mo 0.3 miles

Demographics for 48166, MI

13,170
Population
5,387
Households
2.4
Avg Household Size
37
Median Age
19%
College-Educated
88%
High-School Grad
26.6 sq mi
ZIP Area
495
Density / Sq Mi
$70,923
Median Household Income
$36,946
Median Earnings
$1,203
Median Rent
$217,000
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

This space is priced 16% below the average of $14.37 /SF/Yr.

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Recently updated plaza space accommodates retail, restaurant, and service businesses under a gross lease.
Where is this retail space located?
The property is located at 8198 N Dixie Highway Monroe, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Choice of one 2000 SF unit or two 1000 SF units; Recently updated plaza space; Gross lease structure with no tenant‑paid taxes stated
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message