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    1200 Telegraph Rd Monroe, MI 48162

    Sponsored
    For Lease
    $11 SF/Yr ($18,700 /Mo)

    Prime Monroe location, multiple suites available

    Lot size:
    20,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 20,400 square foot retail and office strip center, built in 2005, offers multiple suite options ranging from 1,275 to 3,918 contiguous square feet. Currently, 3,918 square feet are vacant, providing immediate occupancy potential. The property features masonry block/brick construction, 60-foot deep bays, gas-forced air heating, and rooftop central air conditioning. Located on South Telegraph Road in Monroe Township, Michigan, this high-traffic area sees 19,100 vehicles daily. The center boasts a diverse tenant mix including Edward Jones, Armed Forces, Nutrition Shop, Donna Salon and Spa, Visionary Eye Care, Orient Massage Therapy, and Lawyers Title Agency. The property is zoned C-2 and is situated in Monroe County, within the SE Michigan submarket. Available spaces are adaptable for various uses, including retail, professional office, and restaurant spaces. Some units feature existing, nicely finished office build-outs. This property presents a compelling investment opportunity in a thriving commercial corridor. The address is 1200-1226 S. Telegraph Road, Monroe, MI 48162, near Meadowbrook.

    Property Features for 1200 Telegraph Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,400 SF
    Total Rate
    18700

    Building Details

    Year Built
    2005

    Unit(s) available at that property

    Space
    1210-1212 - Suite F and G
    Size
    2,550 SF
    Rate per SF
    $11
    Space
    1224 - Unit N
    Size
    1,275 SF
    Rate per SF
    $11
    Space
    1226 - Unit P
    Size
    1,000 SF
    Rate per SF
    $11
    Space
    1224-1226 - Unit N and P
    Size
    2,275 SF
    Rate per SF
    $11

    HighLights

    • High‑traffic location on Telegraph Road with excellent visibility.
    • Large lot size offering ample parking and potential for expansion.
    • Recently renovated interior with modern finishes and updated systems.
    • Strong tenant occupancy with stable rental income.
    • Ideal for a variety of commercial uses, including retail and office.
    • Strategic location near major transportation arteries and amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    First Merchants Bank ... Atm

    Suggested Use

    Realty agency Law Firm Building Supply Dental Office Auto Repair Shop Hair Salon Gym & Fitness Skin Care Clinic Kitchen & Bath HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.4228972
    Latitude
    41.9102353

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Monroe location, multiple suites available
    Where is this neighborhood center located?
    The property is located at 1200 Telegraph Rd Monroe, MI.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: High-traffic location on Telegraph Road with excellent visibility.; Large lot size offering ample parking and potential for expansion.; Recently renovated interior with modern finishes and updated systems.
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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
    1200 Telegraph Rd Monroe, MI 48162
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