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    Strip Mall

    Monroe, MI Strip Malls for Sale

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    Occupied Strip Center For Sale
    Updated: Mar 27
    Occupied Strip Center For Sale

    15479 S Telegraph Rd, Monroe, MI 48161

    $540,000
    4,604 sqft 1.20 AC lot
    Attractive 8.25% cap rate and $116 PSF purchase price.
    100% occupied with a rent roll anchored by Northwestern Mutual.
    Significant mark‑to‑market rental upside potential.
    Located in an established trade area.
    Durable physical attributes and no near‑term capital improvements anticipated.
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    See hot listings in Monroe

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Monroe, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Tenant Strip Mall
    Multi-Tenant Strip Mall

    2112 - 2134 N Reynolds Rd, Toledo, OH 43615

    $975,000
    11,200 sqft

    Retail property with established tenants and frontage along Reynolds Road.

    View details
    Established Neighborhood Shopping Center
    Established Neighborhood Shopping Center

    3580 West Road, Trenton, MI 48183

    $6,651,640

    Signalized-corner center with multiple access points and a fully leased tenant roster.

    View details
    West Grange Plaza Shopping Center
    West Grange Plaza Shopping Center

    3390-3580 West Road, Trenton, MI

    Contact for pricing

    Fully leased shopping center at a signalized commercial intersection with access to major Downriver transportation routes.

    View details
    Strip Mall
    Strip Mall

    4735 Monroe Street, Toledo, OH 43623

    Contact for pricing

    Commercial strip mall located on Monroe Street in Toledo.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Corridor Visibility
    Commercial Land with Corridor Visibility

    Arkona Road, Milan, MI 48160

    $1,900,000
    18.53 AC lot

    PUD-zoned commercial land with visibility from US 23 and public water service.

    View details

    Off-Market Properties in Monroe, MI

    Consider similar Off-Market properties in Monroe, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    14930 Laplaisance Rd
    SHOPPING CENTER, STRIP CENTER

    14930 Laplaisance Rd, Monroe, MI 48161-3840

    Estimated value:
    $895,000
    74,314 sqft 17.01 AC lot
    View details
    14500 Laplaisance Rd
    SHOPPING CENTER, STRIP CENTER

    14500 Laplaisance Rd, Monroe, MI 48161-3868

    Estimated value:
    $760,000
    126,141 sqft 16.21 AC lot
    View details

    Monroe, MI Strip Malls Market Trends and Statistics

    Explore 3 strip malls for sale in Monroe, MI on our real estate platform. These investment opportunities span a total of 4,604 square feet of properties for sale, with an estimated market value of $540,000.

    Sale prices for retail strips in Monroe, MI average $540,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 14
    Storefront properties 10
    Automotive properties 5
    Banks 3
    Auto shops 2

    Demographics Overview

    Population 55K
    Population Growth (5Y) +1.0%
    Median Household Income $67,210
    College Educated 29.4%

    High-Yield Neighborhoods for Investment

    Identify Monroe submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48161 $540K

    Taxes & Financing

    Tax Rate (average for all types) 4.28%
    Property Tax per SF $88.57 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monroe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Monroe fall within the 50,000 to 100,000 square foot range.

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    Most Searched ZIP Codes in Monroe, MI

    • 48161

    Featured Monroe Real Estate Agencies

    Realmo connects you with licensed Monroe CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Century 21 Allstar Real Estate
    15375 S Dixie Hwy Monroe, MI 48161
    Phone: 17342412700
    www.allstar-home.com
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