15483 S Dixie Hwy

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15483 S Dixie Hwy

Monroe, MI 48161
Asking Price
$1.05M
Asset Type
Retail
Class
Class B

What's Special

15483 S Dixie Hwy is situated in a high-visibility corridor in Monroe, Michigan, within a mix of residential and light commercial development. The property benefits from its proximity to major transit routes, including quick access to I-75, which connects the area to both Detroit and Toledo. Surrounding amenities include local service providers, dining options, and small-scale grocery outlets. The neighborhood is characterized by steady traffic flow and a established suburban layout that serves both local commuters and the immediate residential population. The site is suited for retail operations that require easy roadside accessibility and street-facing signage. Ideal use cases include convenience retail, specialty service providers, or small-scale showrooms. Typical tenants for this profile include independent business owners, franchised storefronts, or professional service firms seeking a physical presence in the Monroe market. The layout and location support businesses that rely on regional connectivity and a consistent base of local consumers.

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NOI
$80,000
Cap Rate
7.62%
DSCR
1.28
Strong
Cash-on-Cash
5.61%
Monthly Payment
$5,194.827
Annual Cash Flow
$17,662.075

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