2059 N Monroe B-1

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2059 N Monroe B-1

monroe, MI 48162
Asking Rate
Contact for rate
Asset Type
Office
Class
Class B

What's Special

2059 N Monroe Street, Suite B-1, is located within a commercial corridor in North Monroe, Michigan. The neighborhood features a mix of professional services, retail centers, and residential developments. The property is situated near North Monroe Street’s intersection with Stewart Road, providing proximity to local banking institutions, dining options, and shopping facilities. Transportation access is supported by the property’s position on a primary thoroughfare, connecting the site to downtown Monroe and providing access to Interstate 75 within a three-mile drive. This office suite is suited for professional services requiring a location with visibility in a high-traffic area. Ideal use cases include administrative offices, legal practices, insurance agencies, or medical consulting firms. The typical tenant profile consists of small to mid-sized businesses seeking an established commercial environment with dedicated parking and accessibility for local clients. The suburban office setting supports organizations that prioritize proximity to local service hubs and regional transit routes.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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