7200 Lewis Ave, Temperance, MI 48182
For Lease
This 15,000-square-foot retail shopping center, built in 1994, is ideally situated at 7200 Lewis Avenue in Temperance, Michigan, 48182. The property boasts a single-tenant occupancy with 1,000 square feet currently available. Its prime location, just 0.5 miles from the Ohio state line, draws customers from Temperance, Lambertville, Toledo, and throughout Monroe County. The area has seen significant residential growth over the past decade, with numerous new subdivisions, apartments, and homes adding to a strong customer base. The center benefits from a phenomenal tenant mix, including key traffic generators such as the Michigan Secretary of State and Miss Lori's Dance Express. Surrounded by middle-class residential neighborhoods, the property enjoys excellent demographics and median incomes. Within a one-mile radius, the population is 4,779 with a median income of $61,800. Expanding to a three-mile radius, the population increases to 39,565, and the median income is $51,554. High traffic counts on Lewis Avenue (14,900 vehicles per day) and nearby Stearns Road (12,200 vehicles per day) ensure excellent visibility and accessibility for businesses. This presents a unique opportunity for a retailer seeking a well-established location in a thriving community.
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Mancino's Pizza & Grinders Restaurant
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Secretary of State office Voter Registration Office Department Of Motor Vehicles
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Chicago Title Title Company
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.