15515 Dixie Hwy Monroe, MI 48161
Townsite Plaza, located at 15515 S Dixie Hwy in Monroe, Michigan (48161), presents a prime retail opportunity. This 4,985 square foot space, situated within a larger shopping center in Monroe County, is currently configured as an office center but offers significant flexibility for a variety of retail uses. The property boasts high visibility due to its location in a busy commercial area. The building was constructed in 1970. The space is part of a multi-tenant shopping center and is immediately available. Its strategic location places it in close proximity to several established national retailers, including Kroger Grocery, Auto Zone, O'Reilly Auto Parts, and Dollar General, ensuring high foot traffic and excellent brand exposure. The total vacant space available is 5,000 square feet, offering potential for expansion or customization to suit specific business needs. This property is an exceptional opportunity for businesses seeking a well-located, high-visibility retail space in a thriving commercial area. The property is zoned for commercial use. The site is easily accessible from S Dixie Hwy. This is a rare opportunity to establish a presence in a well-established shopping center.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.