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    Property profile & analytics
    FOR LEASE
    Community centers

    119 Waterstradt Commerce Dr, Dundee, MI 48131

    24,800 SF 2.89 ac lot Built 2000
    Trust Owned 7-yr Hold Free & Clear
    Property ID
    US43-0112427
    Property summary
    AI-generated overview

    This exceptional commercial property, Dundee Marketplace, offers a variety of office spaces ideal for businesses seeking high visibility and convenient access. Located at 119 Waterstradt Commerce Dr, Dundee, MI 48131, this single-tenant property boasts a total of 24,800 square feet situated on 2.9 acres of land in Monroe County. The available suites range from 1,800 to 3,000 square feet, catering to diverse business needs. The property's strategic location provides unparalleled exposure, with over 100,000 vehicles passing daily on US-23, offering direct visibility to the site. This prime location benefits from significant ongoing development in the surrounding area, including the recently completed Hampton Manor Senior Home and numerous condo and apartment projects currently underway. This makes Dundee Marketplace an attractive option for businesses looking to capitalize on a thriving and expanding community. The property is suitable for a variety of office uses, including traditional, medical, creative, executive, and coworking spaces. Lease terms are NNN. Don't miss this opportunity to establish your business in a high-traffic, rapidly growing area.

    Property profile
    Verified
    Property type Community centers
    Use group MINI-MALL
    Year built 2000
    Total area 24,800 SF
    Lot 2.89 ac (125,671 SF)
    APN 42-040-711-30
    UPID US43-0112427
    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
    • H&R Block Tax Preparation
    • Lauren Passmore Physician
    • Jordan Willson Physician
    • YMCA Dundee Gym & Fitness Center
    • Todd Nighswander Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Tolson,harvey A Trust · 7 yrs held
    Tolson,harvey A Trust
    since 2019
    3 recorded transactions
    2025
    2019
    2012
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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