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    305 Telegraph Rd Monroe, MI 48161

    Sponsored
    For Lease
    $10 SF/Yr

    High-traffic Monroe, MI storefront opportunity.

    Lot size:
    94,989 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    River Bend Commons offers exceptional retail space in a thriving Monroe, Michigan community shopping center. This C-2 zoned property boasts a total building size of 94,989 square feet situated on a 3.08-acre lot at 305 S Telegraph Rd, Monroe, MI 48161. Currently, available spaces range from 2,300 to 2,325 square feet, ideal for a variety of retail businesses. The center enjoys high visibility and accessibility, located at the northeast corner of S. Telegraph Road and Front Street, benefiting from daily traffic exceeding 60,000 vehicles. This prime location is just 17 miles north of Toledo, Ohio, ensuring a broad customer base. Existing tenants include a diverse mix of businesses such as Subway, CosmoProf, H&R Block, American Family Diner, Little Caesars, and several others, creating a vibrant and established shopping environment. For businesses seeking a larger footprint, build-to-suit or ground lease options are available on outlots ranging from 1,500 to 4,000 square feet along Telegraph Road and Front Street. This presents a unique opportunity to establish a strong presence in a high-demand retail location with significant foot and vehicle traffic. The property's strategic location and established tenant mix make it an attractive investment for businesses seeking growth and visibility in the Monroe market.

    Property Features for 305 Telegraph Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    94,989 SF
    Total Rate
    79157.5

    Unit(s) available at that property

    Space
    305 S. Telegraph Road
    Size
    2,300 SF
    Rate per SF
    $12
    Space
    S. Telegraph Road-Proposed Build to Suit
    Size
    4,000 SF
    Space
    1170 W. Front Street
    Size
    2,325 SF
    Rate per SF
    $10
    Space
    W. Front Street - Proposed Build to Suit
    Size
    1,500 SF

    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

    Retail space

    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
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.4147014
    Latitude
    41.9218149

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic Monroe, MI storefront opportunity.
    Where is this individual retail property located?
    The property is located at 305 Telegraph Rd Monroe, MI.
    What is the lease rate?
    The lease rate is $0.00-$12 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.
    Request Owner's contact information
    305 Telegraph Rd Monroe, MI 48161
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    Monroe, MI 48161
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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
    305 Telegraph Rd Monroe, MI 48161
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