Technical
Financial
Distress signals
Property profile

925 N Lapeer Rd Oxford, MI 48371

FOR LEASE
Industrial properties
Property ID
US43-1584162
207,073 SF 19.74 ac lot Built 1963
Individually Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This thriving 207,073 square foot shopping center in Oakland County offers exceptional retail space in a high-traffic, family-oriented environment. Located on a 19.73-acre lot with abundant parking, this C2-zoned property allows for both retail and office uses. The center boasts major tenants including K1 Speed, Urban Air Trampoline Park, Axe Social, and 925 Bar and Kitchen, generating significant foot traffic and event-driven business. Spaces range from 1,300 to 3,500 contiguous square feet, with 10,000 square feet currently vacant. Two prominent spaces are available: a 3,200 square foot south corner unit and a 3,500 square foot space adjacent to the Axe throwing bar and restaurant. The building features an operating garage door and benefits from excellent visibility from M-24. The property's existing tenant mix, including a high-end athletic training gym, suggests opportunities for complementary businesses such as bakeries, beauty services, sporting goods, health and wellness providers, or family-friendly restaurants. Ownership seeks a 3-5 year lease term, with flexibility for tenant build-outs. The center also includes catering, meeting rooms, and an event center available for reservation, further enhancing its appeal and potential. This is an unparalleled opportunity to join a dynamic and successful retail development.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 1963
Total area 207,073 SF
Lot 19.74 ac (859,874 SF)
APN P -04-22-101-003
UPID US43-1584162

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Tour Operator Campground & RV Park
  • Gym & Fitness Center Sports School
  • Gym & Fitness Center Sports Field & Court
  • Law Firm Child Welfare Organization
  • Hair Salon

Location

925 N Lapeer Rd Oxford, MI 48371
Oxford metro Census 121400 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$12.07M
Blend (final) Blend
$9.79M

Owner & transaction history

since 2017
3 recorded transactions
2017
$2,442
2017
$4.5M
2014
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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