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Renovated Strip Mall Units
New
For Lease
$2,964/Mo

986 S Telegraph Road, Monroe, MI 48161

Commercial rental units offer flexible layouts for office, retail, restaurant, and service-oriented uses.

Space Size864 SF - 2,750 SF
Days on Market5

Property Features for 986 S Telegraph Road

General Information

Standard status Active
Size 864 SF - 2,750 SF
Net Rentable 864 SF
Zoning Commercial

Space & Availability

Available Space 864-2,750 SF
Contiguous Space 2,750 SF

Building Details

Building Size 2,736 SF
Year Built 1984
Tenancy Multi
Listing Agency: Century 21 Allstar Real Estate Team, Inc
Listed By: Carrie Cartwright · License #6502130142
Source: Eliterealtymi
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 11 at 2:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Allstar Real Estate Team, Inc

Investment Insights

Based on property information with market context.

Strip mall rental units are available within a commercial property built in 1984. Remaining spaces range from 864 square feet to 2,750 square feet, providing multiple layout options for office, retail, restaurant, and service uses. The property’s listed examples include professional offices, medical offices, counseling offices, and massage therapy practices.

The center is located on S. Telegraph Road in Monroe, Michigan. Renovation work is underway for the parking lot as well as the building’s exterior and interior areas. Commercial zoning supports the property’s broad range of stated business applications.

Key Highlights

  • Available units range from 864 square feet to 2,750 square feet
  • Commercial zoning supports office, retail, restaurant, and service uses
  • Located on S. Telegraph Road in Monroe, MI 48161

Property Analytics

Current Use

Michael E. Boudrie, ... Physician Kari L. Hughes, ... Physician

Suggested Use

Top Pick Law Firm Restaurant Dental Office Building Supply Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

364
Businesses Nearby

Demographics for 48161, MI

26,571
Population
12,015
Households
2.2
Avg Household Size
40
Median Age
19%
College-Educated
89%
High-School Grad
44.8 sq mi
ZIP Area
593
Density / Sq Mi
$65,517
Median Household Income
$40,184
Median Earnings
$955
Median Rent
$173,200
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Commercial rental units offer flexible layouts for office, retail, restaurant, and service-oriented uses.
Where is this strip mall located?
The property is located at 986 S Telegraph Road Monroe, MI.
What is the lease rate?
The lease rate is $2,964/Mo.
What are key features of this property?
This property features: Available units range from 864 square feet to 2,750 square feet; Commercial zoning supports office, retail, restaurant, and service uses; Located on S. Telegraph Road in Monroe, MI 48161
More about this property
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