Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Strip malls

    14930 Laplaisance Rd, Monroe, MI 48161

    74,314 SF 17.01 ac lot Built 1987
    Entity Owned 9-yr Hold Free & Clear
    Property ID
    US43-3344886
    14930 Laplaisance Rd, Monroe, MI 48161 For Lease
    $9 SF/Yr 5,280 SF available
    14930 Laplaisance Rd, Monroe, MI 48161
    View Listing →
    Property summary
    AI-generated overview

    This exceptional 74,152 square foot retail strip center, located at 14930 Laplaisance Road in Monroe, Michigan, presents a unique investment opportunity. Situated on a generous 16.11-acre lot, this property offers multiple tenancy options, with spaces ranging from a minimum of 446 square feet to a maximum contiguous space of 5,280 square feet. Built in 1989 and zoned for commercial use, the property boasts 14 available spaces, making it ideal for a variety of retail businesses. The center is conveniently located in the Ann Arbor submarket of Monroe County, offering excellent access to a thriving consumer base. The property's below-market lease rates represent a compelling value proposition for prospective tenants. Furthermore, the expansive lot size presents the potential for outlot development, adding significant future value. This property is an excellent opportunity for investors seeking a strong return in a desirable location. The property is located in Monroe, MI, zip code 48161. The property's zoning is commercial.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1987
    Total area 74,314 SF
    Lot 17.01 ac (740,912 SF)
    APN 12-020-261-11
    UPID US43-3344886
    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
    • Jetscreen Printing Textile Manufacturer Factory
    • Family Counseling & Shelter Services of Monroe County Charitable Organization Social Service Agency
    • Hawkins Law Office Law Firm
    • Hoffman Bonita Law Firm
    • Monroe Vineyard Church Church
    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
    Dg Properties 16 LLC · 9 yrs held
    Dg Properties 16 LLC
    since 2016
    5 recorded transactions
    2023
    2016
    2015
    $925,000
    2013
    $1
    2012
    $1
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message