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Property profile & analytics
OFF-MARKET
Neighborhood centers

15579 Dixie Hwy Monroe, MI 48161

30,000 SF Built 1970
Property ID
Property summary
AI-generated overview

Townsite Plaza, located at 15579 S Dixie Hwy in Monroe, Michigan, presents a prime retail opportunity. This Class C strip center, totaling 30,000 square feet, offers flexible space options ranging from a minimum of 950 square feet to a maximum contiguous space of 5,000 square feet. Currently, 6,000 square feet are available for lease within this multi-tenant building. Built in 1970 and extensively renovated in 2020, the property boasts two single-story buildings and ample parking with 50 spaces available for customers and tenants. The property features 440-volt power, ensuring suitability for a variety of retail businesses. The address is conveniently located in Monroe, MI, zip code 48161. This is an excellent opportunity for businesses seeking a well-maintained space in a well-established retail center. The available space is ideal for a variety of retail uses, offering high visibility and accessibility. Interested parties should inquire about lease terms and availability.

Property profile
Verified
Property type Neighborhood centers
Year built 1970
Total area 30,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Second Realm Tattoo Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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