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    FOR LEASE
    Community centers

    1200 S Telegraph Rd, Monroe, MI 48161

    20,400 SF 5.55 ac lot Built 2005
    Entity Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US43-5183307
    1200 S Telegraph Rd, Monroe, MI 48161 For Lease
    $11 SF/Yr 2,550 SF available
    1200 S Telegraph Rd, Monroe, MI 48161
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    Property summary
    AI-generated overview

    This 20,400 square foot retail and office strip center, built in 2005, offers multiple suite options ranging from 1,275 to 3,918 contiguous square feet. Currently, 3,918 square feet are vacant, providing immediate occupancy potential. The property features masonry block/brick construction, 60-foot deep bays, gas-forced air heating, and rooftop central air conditioning. Located on South Telegraph Road in Monroe Township, Michigan, this high-traffic area sees 19,100 vehicles daily. The center boasts a diverse tenant mix including Edward Jones, Armed Forces, Nutrition Shop, Donna Salon and Spa, Visionary Eye Care, Orient Massage Therapy, and Lawyers Title Agency. The property is zoned C-2 and is situated in Monroe County, within the SE Michigan submarket. Available spaces are adaptable for various uses, including retail, professional office, and restaurant spaces. Some units feature existing, nicely finished office build-outs. This property presents a compelling investment opportunity in a thriving commercial corridor. The address is 1200-1226 S. Telegraph Road, Monroe, MI 48162, near Meadowbrook.

    Property profile
    Verified
    Property type Community centers
    Use group MINI-MALL
    Year built 2005
    Total area 20,400 SF
    Lot 5.55 ac (241,584 SF)
    APN 12-020-068-00
    UPID US43-5183307
    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
    • First Merchants Bank ATM Atm
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Dw28 Monroe Michigan 1200 LLC · 10 yrs held
    Dw28 Monroe Michigan 1200 LLC
    since 2015
    5 recorded transactions
    2015
    2004
    $420,000
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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