Listing Agency: Encore Real Estate Investment Services d***@encorereis.com Show Phone

Listed By: Danny Samona · License #MI 6501387591

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 7:36PM

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Investment Insights

Based on property information with market context.

This retail property contains 4,243 square feet of commercial space at 858 Baldwin Rd in Lapeer, Michigan. The offering reflects a 6.00% CAP rate.

Key Highlights

• 4,243 SF of retail space
• 6.00% CAP rate
• Located at 858 Baldwin Rd, Lapeer, MI 48446

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Building Supply Parking Lot & Garage Kitchen & Bath Showroom Storage Facility Grocery & Convenience 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

551

Businesses Nearby

641k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 34% Shops & Services 21% Groceries 21% Apparel 15%

Meijer Groceries

85,324 visits/mo 0.2 miles

Kohl's Apparel

42,292 visits/mo 0.4 miles

The Home Depot Home Improvements & Furnishings

39,353 visits/mo 0.4 miles

Kroger Groceries

36,312 visits/mo 0.3 miles

McDonald's Dining

35,491 visits/mo 0.5 miles

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 Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Commercial retail space offered for sale in Lapeer.

Where is this retail space located?

The property is located at 858 Baldwin Rd Lapeer, MI.

What are key features of this property?

This property features: 4,243 SF of retail space; 6.00% CAP rate; Located at 858 Baldwin Rd, Lapeer, MI 48446