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    306 Telgraph Monroe, MI 48162

    Sponsored
    For Lease
    $13 SF/Yr

    High-traffic, 800 sq ft retail space.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 800-square-foot retail space, located at 306 N Telegraph in Monroe, Michigan (48162), presents a fantastic opportunity. Situated on a 0.32-acre lot in Monroe County, this single-tenant property boasts high visibility and a high traffic count. Its strategic location is north of the river, directly across from Farm & Home, ensuring excellent exposure to a substantial customer base. The property is part of a shopping center with a diverse mix of existing tenants, including flooring sales, financial services, and an aquarium sales and service business. The property is suitable for retail or office use and is offered with a modified gross lease. The building consists of one suite within a commercial shopping center. This property offers an exceptional chance to establish or expand a business in a thriving commercial area. The property's prime location and high visibility make it an ideal investment for entrepreneurs seeking a strong foothold in the Monroe market.

    Property Features for 306 Telgraph

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF
    Rate per SF
    $13
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.4129063
    Latitude
    41.9260753

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic, 800 sq ft retail space.
    Where is this lifestyle center located?
    The property is located at 306 Telgraph Monroe, MI.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    Request Owner's contact information
    306 Telgraph Monroe, MI 48162
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    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

    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
    306 Telgraph Monroe, MI 48162
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