Absolute NNN Commercial
For Sale
Contact for pricing
163 Premier Dr, Lake Orion, MI 48359
Built in 2021 and leased under an absolute NNN structure with annual increases.
Property Size89,400 SF
Price / SF$241.68
Days on Market9
Property Features for 163 Premier Dr
General Information
Standard status
Active
Size
89,400 SF
Property subtype
Industrial
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$2,106,576
Building Details
Year Built
2021
Buildings
1
Tenancy
Single
Listing Agency:
Encore Real Estate Investment Services
(248) 702-0288
Listed By:
Deno Bistolarides · License #BRKP.2020008390
Source:
Crexi
Added: Aug 24
Changed: Aug 31
Last Checked: Aug 31 at 8:41AM
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 Encore Real Estate Investment Services
Investment Insights
Based on property information with market context.
Located at 163 Premier Dr in Lake Orion, Michigan, this 89,400-square-foot commercial property was completed in 2021. The asset is leased under an absolute NNN structure, placing the property within a defined investment framework for ownership and operations.
The lease provides for 2% annual increases. The facility’s substantial building area and recent construction date add useful physical context for evaluating the property as a leased commercial asset.
The lease provides for 2% annual increases. The facility’s substantial building area and recent construction date add useful physical context for evaluating the property as a leased commercial asset.
Key Highlights
- 89,400‑square‑foot commercial property
- Completed in 2021
- Absolute NNN lease structure
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
219
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Built in 2021 and leased under an absolute NNN structure with annual increases.
Where is this nnn property located?
The property is located at 163 Premier Dr Lake Orion, MI.
What is the asking price?
The asking price for this property is $21,605,907.
What are key features of this property?
This property features: 89,400‑square‑foot commercial property; Completed in 2021; Absolute NNN lease structure
