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    600-622 Lapeer Rd Orion charter Township, MI 48362

    Sponsored
    For Lease
    $20 SF/Yr

    High-traffic retail space available.

    Lot size:
    25,375 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail strip center, located at 600-622 S. Lapeer Road in Lake Orion, Michigan, presents a prime leasing opportunity. The property boasts a total of 25,375 square feet of retail space, situated on a generous 3.01-acre lot. Currently, there is 7,140 square feet of vacant space available, ideal for a variety of retail businesses. The center features ample parking with 179 spaces to accommodate customers and employees. The property's address is 600-622 S. Lapeer Road, Orion Charter Township, MI 48362, and its Oakland County location provides excellent access to a thriving community. The property's parcel number is 09-11-428-015. This is a multi-tenant property offering high visibility and convenient access for customers. The available space presents a unique chance to establish or expand a retail presence in a desirable location with significant foot traffic. The property's size and parking capacity make it suitable for a range of retail concepts. This is an excellent opportunity for businesses seeking a well-located and established retail space in a growing market. The property is ready for immediate occupancy.

    Property Features for 600-622 Lapeer Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,375 SF
    Total Rate
    42291.67

    Unit(s) available at that property

    Space
    Unit A
    Size
    7,140 SF
    Rate per SF
    $20

    HighLights

    • 7,140 SF of retail space available for lease.
    • High‑visibility retail space in a renovated center.
    • Monument signage on Lapeer Road.
    • Located in Lake Orion, MI.
    • Complete center renovation completed Spring 2022.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Orion charter Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2400826
    Latitude
    42.7748294

    Nearby Comparable

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    Nearby Similar for Lease

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      Prime Orion Township Office Space

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    FAQs

    What type of property is this?
    Neighborhood center - High-traffic retail space available.
    Where is this neighborhood center located?
    The property is located at 600-622 Lapeer Rd Orion charter Township, MI.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 7,140 SF of retail space available for lease.; High-visibility retail space in a renovated center.; Monument signage on Lapeer Road.
    Request Owner's contact information
    600-622 Lapeer Rd Orion charter Township, MI 48362
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    Orion charter Township, MI 48362
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    600-622 Lapeer Rd Orion charter Township, MI 48362
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