313-444-1470
280 Lapeer Rd, Oxford, MI for Rent

$85.46 USD /SF/yr

Retail - For Rent
1/7
3,440 SF | 1 Space

NEW


280 Lapeer Rd
Oxford, MI 48371


HIGHLIGHTS

  • Fully Licensed Turnkey Dispensary
  • Lease: $795k License Acquisition + $24,500.00/mo.
  • Sale: $3.8m W/ Seller Financing Terms (w/ RE)
  • 60+ Parking Spaces W/ Two Lapeer Rd. Curb Cuts
  • 23,000 Average Daily Traffic Count
  • 1 of 4 Licenses Allowed in Municipality

OVERVIEW

Lease Option: $795,000.00 License Acquisition W/ $24,500/mo. NNN Lease Purchase Option: $3.8m W/ Seller Financing Available (Includes Real Estate) Attention cannabis operators, please take a look at this offering for a high-end turnkey dispensary right off of M-24 that sees over 23,000 vehicles on a daily basis, making this one of the highest trafficked dispensary locations in the state of Michigan. This location is 1 of only 4 locations allowed in this municipality, and is less than 0.5 miles away from the bustling downtown. The store is not yet operational, but the transaction can include the license and the real estate, license acquisition the long-term lease, or license acquisition, lease and option to purchase the real estate. This brand new 3,440 sq/ft building is tailormade for a high-volume store. It is situated on a full acre lot, with over 60 parking spaces. The product room showcases 10+ potential POS stations and beautiful 20 ft. ceilings for plenty of product display. It also has two curb cuts off the busy Lapeer Rd., and a wrap around driveway behind the store to control the flow of traffic and keep cars coming in and out. Oakland county is one of the most sought after municipalities in the state for it's strong average income ($80k+), high population (1.27m people), stable real estate value, and limited cannabis competition. The seller is looking to sell outright, however for the right purchaser the seller is open a variety of options including 1) seller financing on a short to midterm note 2) long-term lease w/ license acquisition, or even 3) Lease with license acquisition and option to purchase the real estate... all depending on the terms.

RENTAL DETAILS

SPACE AVAILABLE

3,440 SF

# OF SPACES

1

RENT/MONTH

$24,499 USD /mo

RENT RATE (MO)

$7.12 USD /SF/mo

RENT RATE (YR)

$85.46 USD /SF/yr

LEASE TYPE

Triple Net

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

3,440 SF

YEAR BUILT

2023

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

Commercial

ASK ABOUT THIS PROPERTY

Elijah SimkinsMCP Brokerage LLCMore Info
313-444-1470

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Elijah SimkinsMCP Brokerage LLCMore Info
313-444-1470

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