1051 S Telegraph Rd, Monroe, MI 48161
For Sale
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This exceptional 26,500 square foot Class B medical office building, located at 1050 S Telegraph Rd in Monroe, Michigan (zip code 48161), presents a unique investment opportunity. The property, renovated in 2011, is ideally situated in a high-traffic corridor and offers significant potential for various uses. Currently configured as a multi-tenant building, two suites are immediately available for lease: one measuring 4,360 square feet and another spanning 5,430 square feet. Its prime location offers convenient access for patients and clients. The building's proximity to a large outpatient surgery center provides a synergistic advantage, attracting a steady stream of potential patients and referrals. The property is suitable for a wide range of medical and commercial tenants, including but not limited to medical practices, office spaces, retail businesses, urgent care facilities, and pharmacies. Tenant improvement allowances are available to qualified tenants. This property is offered for both sale and lease, providing flexibility for potential buyers and lessees. The building's strong location and versatile layout make it an attractive investment opportunity in a thriving market. Contact us today to learn more about this exceptional property and its potential.
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Surgical Institute of Monroe Medical Clinic Hospital
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MURTHY S MADHIRA Physician
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Anupama A. Shah, MB Physician
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SCOTT E HUGHES Physician
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TRENT DAVIS ALBRIGHT Ophthalmologist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.