Listing Agency: l***@cbre.com Show Phone

Listed By: Lauren Scarpace Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 16 Last Checked: Aug 20 at 7:08AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lauren Scarpace

Investment Insights

Based on property information with market context.

This industrial property offers 13,760 square feet of space and includes approximately 2 acres of outdoor storage. It features a large air compressor, buss duct, and paint booth. Multiple cranes with varying tonnage are present. New LED lighting has been installed. The property provides immediate access to M-24 and I-69, enhancing transportation and logistics. It is available for immediate occupancy.

Key Highlights

• Immediate access to M‑24 & I‑69
• Benefit from +/- 2 acres of outdoor storage
• Multiple cranes varying in tonnage available

Property Analytics

Property Profile

Current Use

Industrial properties

Suggested Use

Top Pick Electrical Service Parking Lot & Garage Storage Facility Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

667

Businesses Nearby

Explore this area Business Placement

Demographics for 48446, MI

30,788

Population

12,797

Households

2.4

Avg Household Size

45

Median Age

20%

College-Educated

93%

High-School Grad

121.9 sq mi

ZIP Area

253

Density / Sq Mi

$66,382

Median Household Income

$40,263

Median Earnings

$976

Median Rent

$206,300

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Industrial property - Industrial space with cranes, air compressor, and outdoor storage.

Where is this industrial property located?

The property is located at 400 McCormick Drive Lapeer, MI.

What are key features of this property?

This property features: Immediate access to M‑24 & I‑69; Benefit from +/- 2 acres of outdoor storage; Multiple cranes varying in tonnage available