664-704 S Lapeer Rd, Lk - Office FOR SALE
Lake Orion, MI 48362 |
$3,950,000 USD
586-202-2340
664-704 S Lapeer Rd, Lk
Lake Orion, MI 48362
HIGHLIGHTS
- ±22,167 SF multi-tenant retail center in Lake Orion, MI
- Diverse & service-oriented tenant mix; health, lifestyle, convenience, quick service retail
- Visible location along Lapeer Road, a high traffic commercial corridor
- Dense rooftops, strong surrounding demographics, and continued growth
- Upside through converting gross leases to NNN and implementing rent adjustments
FOR SALE DETAILS
PRICE
$3,950,000 USD
PRICE/SF
$178 USD /SF
CAP RATE
7.7%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1986
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.43 AC
LAND SF
106,025 SF
ZONING
BI
APN/PARCEL ID
09-11-428-011
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586-202-2340
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586-202-2340
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