Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    8196 Dixie Hwy Charter Township of Berlin, MI 48166

    For Lease
    $12 SF/Yr

    Prime Retail Space, Monroe County

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail opportunity is located in a recently updated plaza in Monroe County. The property offers a flexible layout, with the option of leasing a single 1,000 square foot unit or combining two units for a total of 2,000 square feet. The plaza is situated on a 1.33-acre lot and enjoys a high-traffic location, averaging 4,200 cars daily. Its strategic placement adjacent to Fermi III and alongside a thriving convenience store ensures excellent visibility and foot traffic. The space is ideal for a variety of retail, restaurant, or service-based businesses. The property is a single-building shopping center with multiple suites, currently offering one available space. This is a gross lease arrangement, simplifying the financial aspects of tenancy. The building's recent updates ensure a modern and attractive environment for both businesses and customers. The high daily traffic count, combined with the existing successful tenant, presents a compelling investment opportunity for businesses seeking a strong presence in a busy commercial area. The 1,000 square foot unit provides ample space for a variety of business models, while the option to expand to 2,000 square feet offers scalability for growing enterprises. This location offers a unique blend of convenience and high visibility, making it an attractive proposition for businesses seeking a thriving commercial environment.

    Property Features for 8196 Dixie Hwy

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF
    Rate per SF
    $12

    HighLights

    • Retail and land property in Monroe County, comprising a 1.33‑acre lot.
    • Shopping center with one available 1,000 sq. ft. retail space.
    • Located in a recently updated plaza with high traffic (4200 cars daily), adjacent to Fermi III and a convenience store.
    • Suitable for retail, restaurant, or service businesses.
    • Gross lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Building Supply Auto Repair Shop Pharmacy Kitchen & Bath Food Market Bar & Pub Electrical Service Cafe & Coffee Shop Pawn Shop Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Charter Township of Berlin
    County
    Monroe
    State
    Michigan
    Longitude
    -83.2821646
    Latitude
    41.9960857

    Nearby Comparable

    • $12 SF/Yr

      Fermi III Retail Space: Prime Location

      1,000 sq ft Retail Space in Newport, MI
      8198 Dixie Hwy, Charter Township of Berlin, MI 48166
      View Details
    • $12 SF/Yr
      1,000 SF

      Updated Plaza Retail Space Available

      Updated retail spaces near Fermi III, suitable for various businesses.
      8196 N Dixie Hwy, Newport, MI 48166
      View Details
    • $12 SF/Yr
      1,310 SF

      Newport Office Space For Rent

      Office spaces with build-to-suit options, high visibility, ample parking.
      7825 N Dixie Hwy, Newport, MI 48166
      View Details
    • $12 SF/Yr
      1,555 SF

      Newport Office Space For Rent

      Office space with build-to-suit options in high-traffic area.
      7825 N Dixie Hwy, Newport, MI 48166
      View Details
    • $7 SF/Yr
      1,310 SF

      Newport Office Space For Rent

      Prime office space with build-to-suit options in a growing corridor.
      7825 N Dixie Hwy, Newport, MI 48166
      View Details
    • $12 SF/Yr
      2,098 SF

      Newport Office Space For Lease

      Office space with build-to-suit options in a growing corridor.
      7825 N Dixie Hwy, Newport, MI 48166
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Space, Monroe County
    Where is this lifestyle center located?
    The property is located at 8196 Dixie Hwy Charter Township of Berlin, MI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Retail and land property in Monroe County, comprising a 1.33-acre lot.; Shopping center with one available 1,000 sq. ft. retail space.; Located in a recently updated plaza with high traffic (4200 cars daily), adjacent to Fermi III and a convenience store.
    Request Owner's contact information
    8196 Dixie Hwy Charter Township of Berlin, MI 48166
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8196 Dixie Hwy
    Charter Township of Berlin, MI 48166
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    8196 Dixie Hwy Charter Township of Berlin, MI 48166
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.