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Property profile & analytics
OFF-MARKET
Lifestyle centers

608 Telegraph Rd Monroe, MI 48162

Property ID
Property summary
AI-generated overview

This exceptional 0.88-acre commercial property, located at 608 N Telegraph, presents a prime retail investment opportunity. Currently configured as a shopping center with a single available suite, this property offers 800 square feet of versatile space ideal for a variety of retail uses. The property's prominent location ensures high visibility and accessibility for potential customers. The land itself provides ample space for potential expansion or future development, making it an attractive option for both established businesses and new ventures. The multiple tenancy structure allows for flexibility and potential for future income streams. Given the size of the lot and the existing structure, this property is well-suited for a range of retail concepts, from smaller boutiques to larger retail operations. The absence of an existing building provides a blank canvas for customization and allows for the creation of a space perfectly tailored to the tenant's specific needs. This is a rare opportunity to acquire a well-located retail property with significant potential for growth and return on investment. The property is available for lease, offering a flexible and cost-effective entry point into a thriving commercial market. Serious inquiries are encouraged to explore this exciting opportunity further.

Property profile
Verified
Property type Lifestyle centers
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
  • Smokers' Society (Bike/Boat/Book/etc) Store Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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