Strip Mall Retail and Office
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 Market913
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 21 at 7:06PM
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 for-rent strip mall offers multiple rental units designed for a range of commercial uses. Public remarks indicate a renovation program is underway, including work on the parking lot as well as exterior and interior improvements.
The property is located at 986 S Telegraph Road in Monroe, Michigan. The offering is described as having exposure on S. Telegraph.
Unit sizes mentioned in the listing range from 864 square feet up to 2,750 square feet, with a couple units remaining at the time of the remarks.
The property is located at 986 S Telegraph Road in Monroe, Michigan. The offering is described as having exposure on S. Telegraph.
Unit sizes mentioned in the listing range from 864 square feet up to 2,750 square feet, with a couple units remaining at the time of the remarks.
Key Highlights
- High‑exposure location on S. Telegraph
- Renovations underway including parking lot, exterior, and interior
- Versatile spaces suitable for offices, retail, restaurants, and more
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
326
Businesses Nearby
Under-served
Demand for This Use
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 Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Shopping center - For-rent strip mall units on S. Telegraph, with renovations underway to the exterior and interiors.
Where is this shopping center 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: High‑exposure location on S. Telegraph; Renovations underway including parking lot, exterior, and interior; Versatile spaces suitable for offices, retail, restaurants, and more
