Updated Retail Plaza
8198 N Dixie Highway, Monroe, MI 48166
For Lease
New
$12 SF/Yr
Choose a single suite or combine two units for a larger commercial space under a gross lease.
Space Size1,000 SF - 2,000 SF
Days on Market5
Property Features for 8198 N Dixie Highway
General Information
Standard status
Size
Net Rentable
Zoning
Lease Type
Space & Availability
Available Space
Contiguous Space
Divisible
Additional Details
Traffic Count
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
Coldwell Banker Haynes Real Estate Commercial
Listed By:
Cole McNew · License #6501447424
(734) 624-4923
Source:
Alleyrealestatesales
Added: Nov 2
Changed: Nov 3
Last Checked: Nov 6 at 2:20AM
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 Real Estate Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Retail space is available in a plaza built in 2002 and recently updated. The layout offers either one 2,000-square-foot unit or two separate 1,000-square-foot units, accommodating different space configurations. The lease is structured as gross, with no tenant-paid taxes.
The plaza is adjacent to Fermi III and shares a strip center with a convenience store. Average daily traffic is 4,200 cars along N Dixie Highway.
The plaza is adjacent to Fermi III and shares a strip center with a convenience store. Average daily traffic is 4,200 cars along N Dixie Highway.
Key Highlights
- Available as one 2,000 SF unit or two 1,000 SF units
- Recently updated plaza
- Adjacent to Fermi III
Property Analytics
Current Use
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
Explore this area
Business Placement
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
$18.72 /SF/Yr
Avg Asking Price
$8.5–$38 /SF/Yr
Price Range
10,890 SF
Avg Space Size
This space is priced 36% below the average of $18.72 /SF/Yr.
Average Price Trend$/SF/Yr for Retail space in Monroe, MI
Properties on Market for Retail space in Monroe
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Choose a single suite or combine two units for a larger commercial space 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: Available as one 2,000 SF unit or two 1,000 SF units; Recently updated plaza; Adjacent to Fermi III
