Strip Mall Retail
For Lease
$2,964/Mo
986 S Telegraph Road, Monroe, MI 48161
Monroe, MI
Space Size864 SF - 2,750 SF
Lot Size2.58 Acres
Days on Market923
Property Features for 986 S Telegraph Road
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
Commercial
Zoning description
Commercial
Subdivision
Monroe Twp (58012)
Standard status
Active
Size
2,736 SF
Lot size
2.58 Acres
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1984
Roof type
Metal
Listing Agency:
Century 21 Allstar Real Estate Team, Inc · Century 21 Real Estate
(734) 241-2700
Listed By:
Carrie Cartwright · License #6502130142
(734) 819-1155
Added: Feb 20, 2024
Changed: Aug 19
Last Checked: Aug 31 at 2:06PM
MLS# 50133912
Copyright © 2026 Southeastern Border Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial strip mall offers rental units ranging from 864 to 2,750 square feet, with remaining spaces suited to varied office, retail, and service-oriented configurations. The property was built in 1984 and is zoned Commercial. Building improvements are underway, including work to the exterior and interior, along with renovation of the large parking area.
The property fronts S. Telegraph Road in Monroe, providing exposure along a primary commercial corridor. Individual spaces can accommodate different business footprints, with available configurations extending from compact suites to larger units. Building systems include central air conditioning, forced-air heat, a metal roof, and public water service.
The property fronts S. Telegraph Road in Monroe, providing exposure along a primary commercial corridor. Individual spaces can accommodate different business footprints, with available configurations extending from compact suites to larger units. Building systems include central air conditioning, forced-air heat, a metal roof, and public water service.
Key Highlights
- Available units range from 864 to 2,750 square feet
- Commercial zoning supports office, retail, and service‑oriented occupancy
- Exterior, interior, and parking lot renovations are underway
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Commercial units provide central air, forced-air heating, and public water service.
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 to 2,750 square feet; Commercial zoning supports office, retail, and service‑oriented occupancy; Exterior, interior, and parking lot renovations are underway
