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Freestanding Distribution Center
For Lease
$8.75 SF/Yr

140 Premier Drive, Lake Orion, MI 48359

Fully air-conditioned distribution facility with dual truckwells and convenient I-75 access.

Space SizeContact for details
Property Size33,364 SF
Days on Market535

Property Features for 140 Premier Drive

General Information

Standard status Active
Size 33,364 SF
Total Parking Spaces 62
Property subtype Industrial
Zoning Lt. Industrial

Additional Details

Highway Access Yes
Conditioned Warehouse Yes

Building Details

Building Size 33,364 SF
Year Built 1997
Buildings 1
Stories 1
Listing Agency: Signature Associates - Southfield
Listed By: Gary Stephens · License #6502124167
Source: Cpix.resimplifi
Added: Apr 30, 2025 Changed: Oct 2 Last Checked: Oct 14 at 7:54PM

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 Signature Associates - Southfield

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Investment Insights

Based on property information with market context.

This freestanding distribution center provides 33,364 square feet of fully air-conditioned industrial space. The facility includes a double exterior truckwell to support loading and distribution operations, with construction dating to 1997.

Located at 140 Premier Drive in Lake Orion, the property offers access to I-75 and is zoned Lt. Industrial. Its combination of warehouse capacity, truck-serving infrastructure, and climate-controlled space supports a range of distribution and industrial uses.

Key Highlights

  • 33,364 SF freestanding distribution facility
  • 100% A/C throughout the building
  • Double exterior truckwell

Property Analytics

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Current Use

Distribution centers

Suggested Use

Top Pick Real Estate Agency Hair Salon HVAC Service Parking Lot & Garage Law Firm Building Supply

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.31 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

229
Businesses Nearby

Demographics for 48359, MI

9,939
Population
4,477
Households
2.2
Avg Household Size
36
Median Age
52%
College-Educated
92%
High-School Grad
10.9 sq mi
ZIP Area
912
Density / Sq Mi
$94,618
Median Household Income
$50,657
Median Earnings
$1,360
Median Rent
$329,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Distribution center - Fully air-conditioned distribution facility with dual truckwells and convenient I-75 access.
Where is this distribution center located?
The property is located at 140 Premier Drive Lake Orion, MI.
What is the lease rate?
The lease rate is $8.75 SF/Yr.
What are key features of this property?
This property features: 33,364 SF freestanding distribution facility; 100% A/C throughout the building; Double exterior truckwell
More about this property
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