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    721 Macomb St Monroe, MI 48162

    Sponsored
    For Lease
    $15 SF/Yr ($8,494 /Mo)

    Monroe, MI: Prime Medical Office Suites Available

    Lot size:
    6,576 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Class B medical office building, located at 721 N. Macomb Street in Monroe, Michigan (48162), offers 6,576 square feet of readily available space. The North Macomb Professional Center presents a unique opportunity for medical professionals seeking flexible and modern office accommodations in Monroe County. Multiple tenancy options are available, ranging from a minimum of 203 square feet to a maximum contiguous space of 2,059 square feet, catering to practices of various sizes. The entire building is currently vacant, providing a blank canvas for a new tenant or a group of tenants to establish their presence. The property's convenient location in Monroe, MI, ensures easy access for patients and staff. This is an excellent chance to secure a well-situated medical office space in a thriving community. The building's classification as Class B indicates a solid level of quality and functionality. Interested parties are encouraged to inquire about lease terms and explore the possibilities this property offers. The address is easily accessible and well-suited for a variety of medical practices. This is a rare opportunity to lease a fully vacant building in a desirable location.

    Property Features for 721 Macomb St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,576 SF
    Class
    B
    Total Rate
    8494

    Unit(s) available at that property

    Space
    Available Suite F
    Size
    2,059 SF
    Rate per SF
    $15
    Space
    Available Suite G
    Size
    950 SF
    Rate per SF
    $15
    Space
    Suite C / D
    Size
    1,508 SF
    Rate per SF
    $15
    Space
    Available Suite A
    Size
    2,059 SF
    Rate per SF
    $15
    Space
    Available Suite C
    Size
    1,305 SF
    Rate per SF
    $15
    Space
    Available Suite D
    Size
    203 SF
    Rate per SF
    $15

    HighLights

    • 6,576 SF of medical office space available in five suites.
    • Five move‑in ready suites with private entrances.
    • Abundant parking for patients and staff.
    • Excellent medical and pharmacy synergy with nearby businesses.
    • Prime Monroe, Michigan location.
    • Lease rate: $15.50/SF, plus utilities and janitorial.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Tyson J. ... Dentist CORDS OF HEALTH Holistic Medicine Practitioner Gupta Sham L ... Doctor Allergy & Asthma Clinic Medical Clinic Andrea R. Rinker, ... Podiatrist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.3897683
    Latitude
    41.9262431

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    FAQs

    What type of property is this?
    Medical office - Monroe, MI: Prime Medical Office Suites Available
    Where is this medical office located?
    The property is located at 721 Macomb St Monroe, MI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 6,576 SF of medical office space available in five suites.; Five move-in ready suites with private entrances.; Abundant parking for patients and staff.
    Request Owner's contact information
    721 Macomb St Monroe, MI 48162
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    721 Macomb St Monroe, MI 48162
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