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    Monroe, MI
    Strip Mall

    Monroe, MI Strip Malls for Sale

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    Milan, MI Dundee, MI Maybee, MI Mooreville, MI Britton, MI Petersburg, MI Willis, MI Ypsilanti, MI
    Occupied Strip Center For Sale
    Updated: Feb 23
    Occupied Strip Center For Sale

    15479 S Telegraph Rd, Monroe, MI 48161

    Contact for pricing
    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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    Renovating Strip Mall
    Updated: Feb 17, 2024
    Renovating Strip Mall

    986 Telegraph Road, Monroe, MI 48161

    Contact for pricing
    2,736 sqft
    Remaining units range from 864 sq. ft. to 2750 sq. ft.
    Renovation work underway on the parking lot, exterior, and interior
    Located at 986 Telegraph Road, Monroe, MI 48161
    Exposure along S. Telegraph
    Potential uses include offices, retail, restaurants, medical, counseling, and massage therapy
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 2 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.

    Prime Toledo Strip Center Opportunity
    Prime Toledo Strip Center Opportunity

    5752 Secor Rd, Toledo, OH 43623

    Contact for pricing
    15,220 sqft

    Fully occupied strip center in high-traffic Toledo location.

    View details
    Ford Road Redevelopment Opportunity
    Ford Road Redevelopment Opportunity

    37623 FORD Rd, Westland, MI 48185

    $650,000
    0.69 AC lot

    Property on Ford Road with high traffic volume.

    View details
    Retail Suites with Pylon Signage
    Retail Suites with Pylon Signage

    148-206 S. Wayne Road, Westland, MI 48186

    Contact for pricing

    Three retail units are available, featuring pylon signage and strong visibility at a signalized intersection.

    View details
    Ace Hardware-Anchored Shopping Center
    Ace Hardware-Anchored Shopping Center

    4441 N Summit St, Toledo, OH 43611

    Contact for pricing

    Fully occupied shopping center anchored by Ace Hardware, with 144 parking spaces and easy access to I-75.

    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.

    Prime Commercial Land Near US-23
    Prime Commercial Land Near US-23

    Arkona Road, Milan, MI 48160

    $1,900,000
    18.53 AC lot

    18.53 acre commercial land parcel with US-23 visibility.

    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

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

    14500 Laplaisance Rd, Monroe, MI 48161-3868

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

    Monroe, MI Strip Malls Market Trends and Statistics

    Explore 4 strip malls for sale in Monroe, MI on our real estate platform. These investment opportunities span a total of 7,340 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 20
    Shopping centers 11
    Automotive properties 9
    Grocery and convenience stores 5
    Auto shops 4

    Demographics Overview

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

    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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