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Former Bank Building and Retail End-Cap
For Lease
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990 S Lapeer Rd, Oxford, MI 48371

Former 2,815 SF bank building available, with a drive-thru end-cap and ground lease/build-to-suit options.

Space Size2,400 SF
Days on Market199

Property Features for 990 S Lapeer Rd

General Information

Standard status Active
Size 2,400 SF
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes

Spaces For Lease

at 990 S Lapeer Rd Contact us

990 S Lapeer Rd

Floor
1
Size
2,400 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, Completion
Sublease
No
- Prime commercial development opportunity with high-visibility on S. Lapeer Rd (M-24) -...
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Listing Agency: Landmark Commercial Real Estate Services
Listed By: Anthony Vitale · License #6505422306
Source: Moodyscre
Added: Feb 26 Changed: Sep 7 Last Checked: Sep 12 at 10:55AM

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 Landmark Commercial Real Estate Services

Investment Insights

Based on property information with market context.

Located at 990 S Lapeer Rd in Oxford, MI, this corner commercial site at S. Lapeer Rd (M-24) and W. Drahner Rd offers a former 2,815 SF bank building available for tenancy.

In addition to the existing building, the landlord will also deliver a shopping center featuring a drive-thru end-cap with available sizes ranging from 1,200 to 8,320 SF. The property is positioned for strong ingress and egress and includes a ground lease/build-to-suit opportunity. Purchase is also available at $1,600,000.00. Contact the broker to discuss a specific requirement.

Key Highlights

  • 2,815 SF former bank building available for purchase for $1,600,000
  • Corner location on S. Lapeer Rd (M‑24) at W. Drahner Rd with ingress/egress
  • Ground lease or build‑to‑suit option available

Property Analytics

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Current Use

Banks

Suggested Use

Top Pick Big Box & Wholesale Store Restaurant Law Firm Building Supply Hair Salon Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

431
Businesses Nearby
21k
Monthly Visits Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Bank - Former 2,815 SF bank building available, with a drive-thru end-cap and ground lease/build-to-suit options.
Where is this bank located?
The property is located at 990 S Lapeer Rd Oxford, MI.
What are key features of this property?
This property features: 2,815 SF former bank building available for purchase for $1,600,000; Corner location on S. Lapeer Rd (M‑24) at W. Drahner Rd with ingress/egress; Ground lease or build‑to‑suit option available
(248) 488-2620 Call to check price and availability
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