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Property profile & analytics
FOR LEASE
Distribution centers

987 Stewart Rd Monroe, MI 48162

56,350 SF 6.36 ac lot Built 1979
Entity Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US43-0918435
Property summary
AI-generated overview

Discover a fantastic sublease opportunity at 987 Stewart Road. This 5,500 square foot Class B office space, located on the second floor above the Level-Up Sports Complex, offers a versatile layout perfect for various business needs. The space includes a corporate showroom, dedicated office areas, a reception area, a conference room, and a large lounge. An open area is adaptable for cubicles or a call center setup. The property features an elevator for convenient access to the second floor and boasts abundant natural light, creating a bright and productive work environment. This exceptional sublease presents a unique chance to establish your business in a thriving location with significant potential for growth. The property is a single-suite office space within a larger building, offering a blend of private and open work areas designed to accommodate a variety of business configurations. This is a multi-tenant building, providing a dynamic and collaborative atmosphere. The convenient location above the Level-Up Sports Complex offers unique visibility and potential synergy opportunities. This ready-to-occupy space is ideal for businesses seeking a functional and inspiring workspace.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1979
Total area 56,350 SF
Lot 6.36 ac (276,954 SF)
APN 07-646-006-00
UPID US43-0918435
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
  • LevelUp Training Complex Gym & Fitness Center
  • Total Sports Complex Gym & Fitness Center Sports Field & Court
  • iSleekDesigns Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.52M
Blend (final) Blend
$2.52M
Owner & transaction history
K & D Investment Associates LLC · 19 yrs held
K & D Investment Associates LLC
since 2006
1 recorded transaction
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $3.7M +5.2%
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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
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