2561 Lapeer Rd - Convenience Store FOR SALE


Auburn Hills, MI 48326
$3,495,000 USD
248-420-0420
2561 Lapeer Rd, Auburn Hills, MI for Sale
$3,495,000 USD
Convenience Store - FOR SALE
1/8
null | Request Cap Rate

2561 Lapeer Rd
Auburn Hills, MI 48326


OVERVIEW

Adult Use Retail Facility 2561 Lapeer Rd., Auburn Hills, MI 48326 OVERVIEW This location represents a rare opportunity to operate an adult use retail facility in one of the most sought-after cities in all of Michigan – Auburn Hills. This is a prime location less than two miles away from Oakland University and located among numerous big-box retailers (Great Lakes Crossing, Costco, Target and Meijer), fortune 500 companies (GM/Chrysler headquarters and numerous tier 1 auto suppliers) and QSRs such as McDonalds, Burger King, Wendy’s, Culvers, Buddy’s Pizza and many more. This location boasts a staggering 5-mile radius population of over 250,000 people and a 3-mile radius population of over 60,000 people. This location is directly passed by more than 20,000 cars per day and benefits from its close proximity to I-75, which has a daily traffic count exceeding 70,000 cars. Spread out across four parcels along busy Lapeer Rd., this location has high visibility, is perfectly situated on a bustling corner and sits at the heart of one of the most desirable commercial areas in Oakland County. This location houses a 3,000 square foot structure in excellent condition, requiring minimal interior renovation and only modest exterior upgrades. Currently designed as an open floor plan concept, with ample on-site parking, this site is primed to be first to market in Auburn Hills. Municipal and site plan approval contingencies will streamline this project and allow for almost immediate site work/renovation upon closing. HIGHLIGHTS • Municipally Approved for AU Retail Operations • HIGHLY coveted Oakland County, MI location! • Municipally Approved Plans • 45+ Parking Spots Sale Price: $3,495,000.00 Building Size: 3,000 sq. ft. Lot Size: 1.36 acres Traffic Counts: 20,000+ 5-Mile Radius Population: 250,000+ Contact Canna Zoned MLS at 248-420-0420 or sales@cannazonedmls.com for more info. You can also visit our website at www.cannazonedmls.com Grow – Process – Transport – Safety Compliance – Provisioning Center

FOR SALE DETAILS

PRICE

$3,495,000 USD

PRICE/SF

$1,127 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

B-2

APN/PARCEL ID

14-11-352-013,14-11-352-014,14-11-352-015,14-11-352-016

ASK ABOUT THIS PROPERTY

Keri KnippleCannaZoned MLSMore Info
248-420-0420

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Keri KnippleCannaZoned MLSMore Info
248-420-0420

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.