280 Lapeer Rd Oxford, MI 48371
- Retail properties
- 3,440 SF
- 1.03 lot acres
Current Use by Public Records
- Retail properties
Property Details for 280 Lapeer Rd
- Year built
- 2024
- Lot size
- 1.03 lot acres
- Property size
- 3,440 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
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.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oxford
- County
- Oakland
- State
- Michigan
- Longitude
- -83.2684
- Latitude
- 42.8295
