Freestanding Retail
For Lease
$20 SF/Yr
971-985 S Lapeer Rd, Oxford, MI 48371
Former Rite Aid freestanding retail building available in a shopping center anchored by strong co-tenancy.
Space SizeContact for details
Days on Market168
Property Features for 971-985 S Lapeer Rd
General Information
Standard status
Active
Class
C
Property subtype
Retail
Building Details
Stories
1
Listing Agency:
CMP Real Estate Group
Listed By:
Peggy J Feltner · License #6501413792
(248) 821-7688
Source:
Cpix.resimplifi
Added: Mar 23
Changed: Sep 2
Last Checked: Sep 5 at 3:42AM
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 CMP Real Estate Group
Investment Insights
Based on property information with market context.
Former Rite Aid freestanding retail building is available for tenant use within Oxford Towne Center. The property is positioned to benefit from established surrounding retail operations.
The center is located along Lapeer Rd, described as a primary connector between Northern Oakland County and Lapeer County. Public remarks also note strong co-tenancy traffic drivers including Pet Supplies Plus, Domino’s Pizza, and Hot Worx in Oxford Towne Center.
The immediate area is described as having strong local demographics with household incomes in excess of $120,000 within a five-mile radius, along with a residential development pipeline planned and in development nearby.
The center is located along Lapeer Rd, described as a primary connector between Northern Oakland County and Lapeer County. Public remarks also note strong co-tenancy traffic drivers including Pet Supplies Plus, Domino’s Pizza, and Hot Worx in Oxford Towne Center.
The immediate area is described as having strong local demographics with household incomes in excess of $120,000 within a five-mile radius, along with a residential development pipeline planned and in development nearby.
Key Highlights
- Former freestanding Rite Aid retail building available for tenant use in Oxford Towne Center
- Oxford Towne Center shopping center anchored by co‑tenants including Pet Supplies Plus, Domino’s Pizza, and Hot Worx
- High‑traffic site along Lapeer Rd, the main connector between Northern Oakland County and Lapeer County
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
431
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 46%
Home Improvements & Furnishings 23%
Dining 22%
Electronics 8%
Pet Supplies Plus
Shops & Services
4,970 visits/mo
0.0 miles
Harbor Freight Tools
Home Improvements & Furnishings
4,767 visits/mo
0.5 miles
Dollar General
Shops & Services
4,712 visits/mo
0.4 miles
Jimmy John's
Dining
3,645 visits/mo
0.5 miles
AT&T
Electronics
1,778 visits/mo
0.5 miles
Demographics for 48371, MI
25,272
Population
9,928
Households
2.5
Avg Household Size
41
Median Age
42%
College-Educated
96%
High-School Grad
46.2 sq mi
ZIP Area
547
Density / Sq Mi
$108,983
Median Household Income
$52,606
Median Earnings
$1,244
Median Rent
$352,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Former Rite Aid freestanding retail building available in a shopping center anchored by strong co-tenancy.
Where is this storefront property located?
The property is located at 971-985 S Lapeer Rd Oxford, MI.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Former freestanding Rite Aid retail building available for tenant use in Oxford Towne Center; Oxford Towne Center shopping center anchored by co‑tenants including Pet Supplies Plus, Domino’s Pizza, and Hot Worx; High‑traffic site along Lapeer Rd, the main connector between Northern Oakland County and Lapeer County
