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    7200 Lewis Ave Temperance, MI 48182

    For Lease
    $12 SF/Yr ($15,000 /Mo)

    15,000 SF Shopping Center, 1,000 SF Vacant

    Lot size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 15,000-square-foot retail shopping center, built in 1994, is ideally situated at 7200 Lewis Avenue in Temperance, Michigan, 48182. The property boasts a single-tenant occupancy with 1,000 square feet currently available. Its prime location, just 0.5 miles from the Ohio state line, draws customers from Temperance, Lambertville, Toledo, and throughout Monroe County. The area has seen significant residential growth over the past decade, with numerous new subdivisions, apartments, and homes adding to a strong customer base. The center benefits from a phenomenal tenant mix, including key traffic generators such as the Michigan Secretary of State and Miss Lori's Dance Express. Surrounded by middle-class residential neighborhoods, the property enjoys excellent demographics and median incomes. Within a one-mile radius, the population is 4,779 with a median income of $61,800. Expanding to a three-mile radius, the population increases to 39,565, and the median income is $51,554. High traffic counts on Lewis Avenue (14,900 vehicles per day) and nearby Stearns Road (12,200 vehicles per day) ensure excellent visibility and accessibility for businesses. This presents a unique opportunity for a retailer seeking a well-established location in a thriving community.

    Property Features for 7200 Lewis Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF
    Total Rate
    15000

    Building Details

    Year Built
    1994

    Unit(s) available at that property

    Space
    Size
    1,000 SF
    Rate per SF
    $12

    HighLights

    • 15,000‑square‑foot retail center in Temperance, MI.
    • Single‑tenant occupancy with 1,000 square feet available.
    • Prime location near the Ohio border, drawing customers from multiple communities.
    • Strong demographics: 4,779 residents within one mile, median income $61,800.
    • High traffic counts on Lewis Avenue (14,900 VPD) and Stearns Road (12,200 VPD).
    • Excellent tenant mix including the Michigan Secretary of State and Miss Lori's Dance Express.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Boom Town Poker ... Club Christian Etheridge - State ... Insurance Agency Mancino's Pizza & Grinders Pizza Restaurant Secretary of State office Department Of Motor Vehicles Chicago Title Title Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Temperance
    County
    Monroe
    State
    Michigan
    Longitude
    -83.5664701
    Latitude
    41.7467461

    Nearby Comparable

    • $12 SF/Yr
      16,293 SF

      Temperance Retail Strip Center

      High-traffic retail space, two units available.
      7400 Lewis Ave, Temperance, MI 48182
      View Details
    • $11 SF/Yr
      2,306 SF

      Freestanding Building at Ohio/Michigan Border

      Freestanding building with retail and flex space for lease.
      6195 Lewis Ave, Toledo, OH 43612
      View Details
    • Contact for pricing

      Prime Retail Pad Site Available

      Retail pad site and redevelopment opportunity in Toledo, Ohio.
      5827 Lewis Ave, Toledo, OH 43612
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    • $15 SF/Yr
      24,620 SF

      Alexis Plaza Retail Space

      West Toledo Retail Opportunity: 1,120 SF Available
      920 Alexis Rd, Toledo, OH 43612
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    • $11 SF/Yr
      4,750 SF

      Retail Building on W Alexis

      4,750 SF retail building with excellent visibility and access.
      1131 W Alexis Rd, Toledo, OH 43612
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    • $13 SF/Yr
      6,591 SF

      Retail Space in Northstar Plaza

      Highly visible retail space with frontage on Alexis Rd.
      5733-5737 Lewis Ave, Toledo, OH 43612
      View Details

    Nearby Similar for Lease

    • $12 SF/Yr
      16,293 SF

      Temperance Retail Strip Center

      High-traffic retail space, two units available.
      7400 Lewis Ave, Temperance, MI 48182
      View Details
    • Contact for pricing
      4,976 SF

      Office Space in Temperance, MI

      4,976 SF office space available for rent.
      3200 W Temperance Rd, Temperance, MI 48182
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - 15,000 SF Shopping Center, 1,000 SF Vacant
    Where is this lifestyle center located?
    The property is located at 7200 Lewis Ave Temperance, MI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 15,000-square-foot retail center in Temperance, MI.; Single-tenant occupancy with 1,000 square feet available.; Prime location near the Ohio border, drawing customers from multiple communities.
    Request Owner's contact information
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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
    7200 Lewis Ave Temperance, MI 48182
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