Listing Agency: Southeastern Development Brokerage Consulting

Listed By: Tyler Martin, CCIM · License #GA 373607

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:15PM

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Investment Insights

Based on property information with market context.

This commercial land pad is situated within the Kroger parking lot at 460 N Lapeer Rd in Orion Charter Township, Michigan. The pad area is expected to vary according to tenant needs, allowing the site configuration to be addressed on a user-specific basis.

The property is being developed jointly by Southeastern and Kroger. Ground lease and built-to-suit opportunities are available for consideration.

Key Highlights

• Located within Kroger’s parking lot
• Pad size varies according to tenant requirements
• Ground lease opportunities available

Property Analytics

Property Profile

Current Use

Kroger Pharmacy Pharmacy Kroger Floral (Bike/Boat/Book/etc) Store Kroger Deli Food Market Primo Water Refill Big Box & Wholesale Store Kroger Bakery Bakery

Suggested Use

Top Pick Building Supply Dental Office Auto Repair Shop Big Box & Wholesale Store Electrical Service Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

544

Businesses Nearby

Explore this area Business Placement

Demographics for 48362, MI

15,001

Population

6,428

Households

2.3

Avg Household Size

42

Median Age

44%

College-Educated

98%

High-School Grad

10.1 sq mi

ZIP Area

1,485

Density / Sq Mi

$108,667

Median Household Income

$51,826

Median Earnings

$1,095

Median Rent

$313,600

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - Pad configuration can respond to tenant requirements, with ground lease and built-to-suit opportunities identified.

Where is this commercial land located?

The property is located at 460 N Lapeer Rd Lake Orion, MI.

What are key features of this property?

This property features: Located within Kroger’s parking lot; Pad size varies according to tenant requirements; Ground lease opportunities available