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    OFF-MARKET
    Retail properties & Spaces

    280 Lapeer Rd, Oxford, MI 48371

    3,440 SF 1.03 ac lot Built 2024
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3,440 sq ft turnkey cannabis provisioning center, located at 280 N Lapeer Rd, Oxford, MI 48371, presents a unique investment opportunity. Situated on a 1.034-acre lot, this 2024-built property boasts ample parking (62 spaces, including 2 handicap-accessible spaces) and high visibility on M-24 (Lapeer Road), experiencing over 28,000 cars daily. The interior layout is meticulously designed, featuring a spacious 1,554 sq ft budtending area, a 263 sq ft check-in area, and a 579 sq ft fulfillment/curbside area. Additional amenities include a janitor's closet, break room, and office space. The property is currently vacant and available for $4,650,000 under a NNN lease. This prime location serves a large metropolitan market of 1,274,395 people with an average income of $86,567, encompassing surrounding municipalities currently lacking cannabis facilities, including Rochester, Clarkston, Rochester Hills, Auburn Hills, Washington, Holly, and White Lake. This turnkey operation offers immediate potential for significant returns in a rapidly growing market. The property is a retail storefront with a net rentable area of 3,440 square feet.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2024
    Total area 3,440 SF
    Lot 1.03 ac (45,041 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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