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    FOR LEASE
    Super regional malls

    1350 S Lapeer Rd, Oxford, MI 48371

    81,921 SF 9.08 ac lot Built 1993
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US43-1196164
    Property summary
    AI-generated overview

    Oxford Mills, a 78,811 square foot Class B shopping center located at 1350 S Lapeer Rd, Oxford, MI 48371, offers a prime retail opportunity in Oakland County's thriving Oxford submarket. Built in 1993, this single-story building sits on a 395,525 square foot lot and features 350 surface parking spaces. Currently, there are three spaces available, ranging from 2,400 to 13,512 square feet, with a minimum divisible space of 1,225 square feet and a maximum contiguous space of 6,845 square feet. A total of 11,121 square feet is currently vacant. The property benefits from high visibility on busy South Lapeer Road (Highway 24), situated conveniently north of a Kroger Super Center and across from the Oxford Hills Golf Club. This location provides excellent access to M-24 and I-75, ensuring strong traffic flow and exposure. The center is anchored by established tenants including Dollar General, Jimmy John's, AT&T, and Harbor Freight, creating a strong tenant mix and attracting a steady stream of customers. The B1 zoning allows for a variety of retail uses. The property offers air conditioning for tenant and customer comfort. This is an exceptional opportunity for businesses seeking high visibility and convenient access within a vibrant community. The property's location offers a blend of residential and commercial traffic, maximizing exposure and potential customer base.

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Year built 1993
    Total area 81,921 SF
    Lot 9.08 ac (395,525 SF)
    Zoning code BI
    APN P -04-35-177-020
    UPID US43-1196164
    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
    Current use
    Occupant on record · Public records
    • Clubhouse Inspiration Crisis Center Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $9.06M
    Blend (final) Blend
    $6.76M
    Owner & transaction history
    Harbor Freight Tools USA INC · 2 yrs held
    Harbor Freight Tools USA INC
    since 2024
    7 recorded transactions
    2024
    2023
    2020
    2013
    2006
    2005
    1999
    Zoning & alternative use
    BI · Oxford, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $10.0M +31.7%
    Office building $9.6M +26.0%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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