Strip Mall Retail
New
For Lease
$2,964/Mo
986 S Telegraph Road, Monroe, MI 48161
Available suites accommodate a range of commercial business uses along S. Telegraph Road.
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
Space Use
Office
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
(734) 819-1155
Source:
Buskardgroup
Added: Oct 19
Changed: Oct 22
Last Checked: Oct 22 at 2:43PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Retail suites are available in a strip mall at 986 S Telegraph Road in Monroe. The property dates to 1984, with available spaces ranging from 864 to 2,750 square feet.
Renovation work is underway on the parking lot and the building’s interior and exterior. The property is located on S. Telegraph Road.
Renovation work is underway on the parking lot and the building’s interior and exterior. The property is located on S. Telegraph Road.
Key Highlights
- Available suites range from 864 to 2,750 square feet
- Renovations underway to the parking lot and building interior and exterior
- Strip mall property built in 1984
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
326
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Monroe, MI
$12.75 /SF/Yr
Avg Asking Price
$9–$18 /SF/Yr
Price Range
2,009 SF
Avg Space Size
This space is priced 2% above the average of $12.75 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Strip mall - Available suites accommodate a range of commercial business uses along S. Telegraph Road.
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 suites range from 864 to 2,750 square feet; Renovations underway to the parking lot and building interior and exterior; Strip mall property built in 1984
