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    8751-8789 Monroe Rd Durand, MI 48429

    Sponsored
    For Lease
    $12 SF/Yr

    Durand, MI Shopping Center Opportunity

    Lot size:
    65,355 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents 40,275 square feet of vacant space within the thriving Monroe Plaza shopping center in Durand, Michigan. Located at the high-traffic intersection of M-71 and Monroe Roads, directly adjacent to the I-69/Durand Road interchange, this single-story, 65,355 square foot shopping center benefits from excellent visibility and accessibility. The property boasts a strong tenant mix, including Anytime Fitness, Hurley Medical, H&R Block, Hungry Howies, and several other established businesses. The center is shadow-anchored by a variety of national retailers, including Dollar General, Family Dollar, and more, ensuring consistent foot traffic. The site features ample parking and dual road ingress/egress with pylons. Units are divisible to a minimum of 1,200 square feet, with a maximum contiguous space of 35,435 square feet available. The property sits on 16-17 acres and is zoned C-2. Its strategic location between Flint and Lansing, with proximity to I-75, M-13, M-21, and Bishop International Airport, provides unparalleled access to a large consumer base. The Amtrak station is also conveniently located nearby. This is an ideal location for businesses seeking high visibility and a strong customer base in a growing community. The APN is 020-82-014-012-00, located in Shiawassee County.

    Property Features for 8751-8789 Monroe Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    65,355 SF
    Total Rate
    65355

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    8765
    Size
    1,000 SF
    Rate per SF
    $12

    HighLights

    • Retail shopping center totaling 65,355 square feet.
    • 1,200 square foot minimum divisible space, with a maximum contiguous space of 35,435 square feet.
    • 40,275 square feet of vacant space available.
    • Situated on a 16‑17 acre lot with one, single‑story building.
    • C‑2 zoning; APN 020‑82‑014‑012‑00, located in Shiawassee County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Durand
    County
    Shiawassee
    State
    Michigan
    Longitude
    -83.9916504
    Latitude
    42.9221567

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    Nearby Similar for Lease

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      Retail Suite in Monroe Plaza

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    FAQs

    What type of property is this?
    Neighborhood center - Durand, MI Shopping Center Opportunity
    Where is this neighborhood center located?
    The property is located at 8751-8789 Monroe Rd Durand, MI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Retail shopping center totaling 65,355 square feet.; 1,200 square foot minimum divisible space, with a maximum contiguous space of 35,435 square feet.; 40,275 square feet of vacant space available.
    Request Owner's contact information
    8751-8789 Monroe Rd Durand, MI 48429
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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
    8751-8789 Monroe Rd Durand, MI 48429
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