Two-Tenant Shopping
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Pending
1265 S Lapeer Rd, Lake Orion, MI 48360
Retail plaza with established occupants, triple-net lease structures, and access along South Lapeer Road.
Property Size37,908 SF
Lot Size4.64 Acres
Days on Market354
Property Features for 1265 S Lapeer Rd
General Information
Standard status
Pending
Size
37,908 SF
Class
A
Lot size
4.64 Acres
Property subtype
Retail
Zoning
CBI
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Site & Location
Traffic Count
36,000 vehicles/day
Highway Access
Yes
Building Details
Year Built
1996
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Detroit
Listed By:
John Nuzman · License #MI 6502389859
Source:
Crexi
Added: Sep 12, 2025
Changed: Aug 29
Last Checked: Aug 30 at 8:48PM
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 Marcus & Millichap - Detroit
Investment Insights
Based on property information with market context.
This 37,908-square-foot shopping center occupies approximately 4.64 acres and contains two retail tenant spaces. Dunham’s Sports has operated at the plaza since 1995 and extended its triple-net lease through January 31, 2032, with three additional five-year options. Dollar Tree began occupancy in 2006 and is currently in its third option period, which ends March 31, 2027; two further terms remain. Dunham’s lease provides reimbursement for taxes, CAM, and insurance, and the owner installed new HVAC units serving that space in 2022.
The property is located at 1265 S Lapeer Rd in Lake Orion, on US 24 Highway near Clarkston Road. Reported average daily traffic exceeds 36,000 vehicles. Meijer, Home Depot, Kroger, and Bald Mountain Regional Medical Complex are identified as nearby destinations. The site carries CBI zoning.
The property is located at 1265 S Lapeer Rd in Lake Orion, on US 24 Highway near Clarkston Road. Reported average daily traffic exceeds 36,000 vehicles. Meijer, Home Depot, Kroger, and Bald Mountain Regional Medical Complex are identified as nearby destinations. The site carries CBI zoning.
Key Highlights
- 37,908‑square‑foot shopping center on approximately 4.64 acres
- Two retail tenants: Dunham’s Sports and Dollar Tree
- Dunham’s triple‑net lease runs through January 31, 2032, with three five‑year options
Property Analytics
Property Profile
Current Use
Lease Details
36,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
542
Businesses Nearby
128k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Groceries 35%
Dining 17%
Apparel 5%
Meijer
Groceries
44,913 visits/mo
0.2 miles
Speedway
Shops & Services
23,129 visits/mo
0.3 miles
Dollar Tree
Shops & Services
16,514 visits/mo
0.1 miles
Parlor Doughnuts
Dining
8,166 visits/mo
0.1 miles
Dunham's Sports
Apparel
6,975 visits/mo
0.1 miles
Demographics for 48360, MI
12,480
Population
4,951
Households
2.5
Avg Household Size
40
Median Age
62%
College-Educated
97%
High-School Grad
11.4 sq mi
ZIP Area
1,095
Density / Sq Mi
$135,701
Median Household Income
$62,743
Median Earnings
$1,377
Median Rent
$362,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail plaza with established occupants, triple-net lease structures, and access along South Lapeer Road.
Where is this shopping center located?
The property is located at 1265 S Lapeer Rd Lake Orion, MI.
What are key features of this property?
This property features: 37,908‑square‑foot shopping center on approximately 4.64 acres; Two retail tenants: Dunham’s Sports and Dollar Tree; Dunham’s triple‑net lease runs through January 31, 2032, with three five‑year options
