7521 N Telegraph Rd 3, Newport, MI 48166
For Lease
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This exceptional single-tenant medical office building, located at 7521 N Telegraph Suite 2, Newport, MI 48166, offers 3,968 square feet of versatile space. Situated on a 0.78-acre lot in Monroe County, this property boasts high visibility and excellent street exposure, making it ideal for a variety of businesses. Built in 1972, the building is well-maintained and ready for immediate occupancy. The property is perfect for medical professionals or office-based operations seeking a prominent location with high traffic. The flexible space allows for customization to suit individual business needs, ranging from smaller suites to the entire 3,968 square foot building. This is a Modified Gross Lease opportunity. The property's location in Newport, Michigan offers easy access to major roadways, ensuring convenient commutes for employees and clients. The high-traffic area guarantees significant exposure for your business, attracting a large customer base. This is a rare opportunity to secure a well-established and highly visible commercial property in a thriving community. The property is classified as both Office and Land, providing ample space for both indoor operations and potential outdoor expansion or parking. The single-tenant setup offers simplicity and control, making it an attractive option for businesses seeking a dedicated space.
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Self & Family Counseling Physician Medical Clinic
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Self & Family Counseling: Hutchison Ralph Physician Medical Clinic
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Paul Mikels Foster Care Service Social Service Agency
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Ms. Patricia Bowersox Foster Care Service Social Service Agency
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Renee Harris Physician
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
No recorded transactions found for this property.
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.