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1525 Mall Rd
23,904 SF of Retail Space Available in Monroe, MI 48162
Highlights
- Up to 23,904 SF in move-in ready condition located at Mall and Telegraph roads in the heart of the Monroe Shopping District.
- Potential build-to-suit adjacent to the site for up to an additional 10,000 SF
- National retailers such as Walmart, Meijer, Lowe’s, Kohl’s, TJ Maxx and ALDI are operating within the immediate trade area.
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 23,904 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
23,904 SF retail building Formerly operated as a Salvation Army location, available for lease.
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Central Air Conditioning
- Ample Parking.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
PROPERTY FACTS FOR 1525 Mall Rd , Monroe, MI 48162
| Property Type | Retail | Total Land Area | 5.83 AC |
| Property Subtype | Freestanding | Year Built | 1997 |
| Gross Internal Area | 23,904 SF | Parking Ratio | 2.84/1,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Internal Area | 23,904 SF |
| Total Land Area | 5.83 AC |
| Year Built | 1997 |
| Parking Ratio | 2.84/1,000 SF |
About the Property
Up to 23,904 SF in move-in ready condition located at Mall and Telegraph roads in the heart of the Monroe Shopping District. National retailers such as Wal-Mart, Meijer, Lowe's, Kohl's, TJ Maxx and Aldi are operating within the immediate trade area. Potential build-to-suit adjacent to the site for up to an additional 10,000 SF.
Nearby Major Retailers
Presented by
1525 Mall Rd
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