Prime Redevelopment Opportunity – Former La-Z-Boy Furniture Headquarters

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Prime Redevelopment Opportunity – Former La-Z-Boy Furniture Headquarters

Type: Sale/Lease

1285 N Telegraph Rd Monroe MI Monroe County

Property Type: Vacant Land

Date Available: Immediately

Sales Price: Contact Broker

Rent: Contact Broker

Contact Person(s): Anthony J. Vitale
& Gordon S. Hyde

(248) 488-2620

Description:

  • This rare ±27 acre site is located in the heart of Monroe’s prime retail corridor which is anchored by Meijer, Walmart, Lowe’s, Kohl’s and many others.
  • Situated in an Opportunity Zone and one of the best remaining parcels in Monroe County.
  • This project has the potential for big-box/mid-box retail as well as retail/restaurant outlots.
  • Over 1,166 lineal feet of frontage on Telegraph Road.
  • Lease, ground lease, build-to-suit and sale opportunities available.
  • Contact us for your specific requirements.

AREA TENANTS

Meijer, Walmart, Kohl’s, T.J. Maxx, Lowe’s, Hobby Lobby, Dunham’s, PetSmart

Lot Size: 1-27 AC

Available Space: Strip Center Space:
Starting at 1,200 SF
Anchor Space:
Up to 150,000 SF

Traffic Count: N. Telegraph Rd (33,600 CPD)
Stewart Rd (20,500 CPD)

Demographic Info:

Radius: 1 Mile 3 Mile 5 Mile
Population Density: 6,741 33,719 51,011
Avg. HH Income: $59,043 $68,009 $71,887

LANDMARK COMMERCIAL REAL ESTATE SERVICES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.